Latin America and the Caribbean Poverty and Labor Brief, August 2012 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin America and the Caribbean Poverty and Labor Brief, August 2012 write by World Bank. This book was released on 2012. Latin America and the Caribbean Poverty and Labor Brief, August 2012 available in PDF, EPUB and Kindle. For the last decade, economic growth in Latin America and the Caribbean (LAC) has sharply accelerated, pushing poverty and inequality to historic lows in the most unequal region in the world. In 2012, as the world\2019s ongoing economic problems make optimistic predictions less certain and threaten to undermine gains against poverty and inequality, it is critical to understand the structural forces that have promoted recent positive social outcomes. This report explores how women in the region have played a critical role in achieving the poverty declines of the last decade, with their labor market participation rates growing 15 percent from 2000 to 2010. It further considers how future progress will require increased female economic power and more effective policies to promote it. If female labor income had remained the same during this period, holding all else constant, extreme poverty in Latin America and the Caribbean would have been 30 percent higher in 2010. In other words, 17.7 percent of the population in the region would have been below the extreme poverty rate, compared to the actual 14.6 percent. The report suggests focusing public policy on three priorities: expanding female labor market opportunities; improving female agency which - while important in its own right - has important potential benefits for equality of economic opportunities and assets, and supporting the growing number of poor single female-headed households. Along with these suggested policy priorities, strong monitoring and evaluation systems should be included to every extent possible.
LAC Poverty and Labor Brief, February 2014
LAC Poverty and Labor Brief, February 2014 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook LAC Poverty and Labor Brief, February 2014 write by World Bank World Bank. This book was released on 2014-04-22. LAC Poverty and Labor Brief, February 2014 available in PDF, EPUB and Kindle. In 2012, the Latin America and the Caribbean (LAC) region continued its successful drive to reduce poverty and build the middle class. Poverty reduction was accompanied by strong income growth of the bottom 40 percent of the population, the World Bank’s indicator of shared prosperity. However, the recent economic slowdown and stagnation in inequality decline suggest that future social gains may be more difficult to achieve. Given the modest prospects ahead, the region’s poverty reduction strategy needs to focus on restoring growth and preserving macroeconomic stability, while reinforcing the ability of less advantaged groups to participate in and contribute to growth. This report assesses two relevant policy areas: equity of fiscal policy and equal access to basic goods and services for children that open the opportunity for them to lead lives of their choosing. Drawing on results from the Commitment to Equity project, the report shows that fiscal policy remains an underused instrument in terms of level and incidence of taxation and spending. The Human Opportunity Index underscores that opportunities are expanding for children in the region, but large gaps remain in access and quality.
Latin America and the Caribbean Poverty and Labor Brief, June 2013
Latin America and the Caribbean Poverty and Labor Brief, June 2013 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin America and the Caribbean Poverty and Labor Brief, June 2013 write by The World Bank. This book was released on 2013-07-31. Latin America and the Caribbean Poverty and Labor Brief, June 2013 available in PDF, EPUB and Kindle. Latin America and the Caribbean (LAC) have made laudable progress in the past fifteen years in reducing poverty, building the middle class, and promoting prosperity for all levels of society. Recently, the World Bank announced a twin strategy for going forward: (1) to end extreme poverty at the global level by 2030; and (2) to promote shared prosperity. This brief reviews LAC's progress toward these objectives, outlines the continuing challenges, and proposes a policy framework for keeping the region on its upward arc and picking up the speed. The World Bank's indicator of shared prosperity underscores that recent years' economic expansion in LAC has benefited the less well-off. But despite LAC's strong gains in shared prosperity, going forward it faces significant hurdles to delivering the sustained high levels of economic growth and welfare gains that many other regions of the world have achieved. Reform agendas that are underway in a number of the region's countries are helping acclerate shared prosperity. The region now needs second-generation reforms that will reinforce the "virtuous cycle" of economic growth and equity to foster shared prosperity. This brief highlights four important policy themes that LAC vountries should consider to keep on track in the years ahead.
LAC Poverty and Labor Brief, June 2015
LAC Poverty and Labor Brief, June 2015 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook LAC Poverty and Labor Brief, June 2015 write by Weltbank. This book was released on 2015. LAC Poverty and Labor Brief, June 2015 available in PDF, EPUB and Kindle. While LAC continues its progress towards becoming a middle-class region, in 2013 poverty reduction was slower than in previous years. The bottom 40 percent of the population has also seen decelerating income growth since the 2008-2009 global financial crisis. Driving the lower gains in shared prosperity and poverty reduction is the region's slowing economic growth. Similarly, after more than a decade of steady decline, inequality has been stagnant since 2010 and remains high. Given the crucial role of labor earnings in poverty and inequality reduction, this report analyzes more deeply LAC's labor markets and its implications for the region's social gains going forward. It shows that the region's push to increase its human capital has yielded dividends; increases in the educational attainment of the labor force are evident across the region. Nonetheless, the substantial growth in wages observed during the last decade was not accompanied by significant changes in the labor market: agriculture and low-productivity, informal service employment continued to be key sources of income for the poor in LAC. Instead, most of the gains were seen in countries that benefitted from the commodity boom of the last decade. As the commodity boom fades and growth wanes, there is a risk that the social gains achieved in the century's first decade will erode.
Latin America and the Caribbean Poverty and Labor Brief, June 2013
Latin America and the Caribbean Poverty and Labor Brief, June 2013 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin America and the Caribbean Poverty and Labor Brief, June 2013 write by . This book was released on 2013. Latin America and the Caribbean Poverty and Labor Brief, June 2013 available in PDF, EPUB and Kindle.
