Inequality in a Lower Growth Latin America

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This semiannual report produced by the Office of the Chief Economist for Latin America and the Caribbean (LAC) of the World Bank reviews the economic and financial outlook for the LAC region at a time when growth in the region and most of the world has decelerated significantly. As usual in this series, Chapter 1 reviews the configuration of global risks and assesses the outstanding short term opportunities and challenges facing the LAC region. We document the significant slowdown in economic activity across the region, and explore the possibility of this being the ‘new normal’. In Chapter 2 we assess if the major social gains achieved during the ‘Golden Decade’, in particular the decline in inequality, will hold in this less supportive environment, and discuss alternative policy responses to preserve and further the equity gains in the region

Source: World Bank

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