Description: Did Latin America Learn to Shield Its Poor from Economic Shocks?

Did Latin America Learn to Shield Its Poor from Economic Shocks?

This brief includes the following headings: How did the 2009 economic crisis affect poverty in Latin America? Why did poverty rise by less than predicted in 2009? Why did the links between poverty and growth fray during this crisis? Resilient markets buoyed labor incomes during the crisis and did no...

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Bibliographic Details
Main Author:	World Bank
Language:	en_US
Published:	Washington, DC 2014
Subjects:	access to education Andean region Annual growth Annual growth rate Caribbean Region cash transfer program consumption smoothing country level country specific credit markets decline in poverty economic activity economic contraction economic decline economic growth Economic Shocks Extreme poverty extreme poverty line Female workers food needs food prices Gini coefficient growth elasticity Growth rate Growth Rates household income household incomes Household Survey household surveys income income data income distribution income growth income inequality income levels income poverty increased spending inequality Inequality Constant insurance labor force labor market low inflation national accounts national poverty national poverty line per capita growth per capita income policy interventions Poor poor households poverty data poverty decline poverty dynamics poverty estimates poverty impact poverty index poverty levels poverty line poverty lines poverty outcomes poverty rate poverty rates Poverty Reduction pro-poor public safety nets public works regional growth regional level rural significant correlation social protection social spending sub-region subsistence Unemployment unskilled labor urban areas vulnerable groups vulnerable households
Online Access:	http://hdl.handle.net/10986/17197

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Summary:	This brief includes the following headings: How did the 2009 economic crisis affect poverty in Latin America? Why did poverty rise by less than predicted in 2009? Why did the links between poverty and growth fray during this crisis? Resilient markets buoyed labor incomes during the crisis and did not exacerbate inequalities; increased social spending and better safety nets likely cushioned the fall; what is the impact of the emerging recovery on poverty? Agenda ahead; statistical annex; and notes.

Did Latin America Learn to Shield Its Poor from Economic Shocks?

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