Inequality in a Lower Growth Latin America
The Wilson Center’s Latin American Program and the World Bank’s Latin America and the Caribbean (LAC) Region are pleased to invite you a discussion of trends in inequality in the region and what lower rates of growth portend for both inequality and the oft-vaunted growth of the middle class.
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As noted in the October 2014 LAC report, Inequality in a Lower Growth Latin America, a recent period of high growth in Latin America brought significant poverty reduction and declining income inequality throughout the region. However, since 2012, regional growth has decelerated significantly: it is estimated to have been a mere 1.2 percent for 2014, much less than the 4-5 percent growth rates witnessed during the commodities boom. The question is whether the economic slowdown in the region portends a reversal of the major social gains achieved over the last decade and a shrinking of the middle class, whose expectations and political demands have risen.
Latin American Program
The Wilson Center’s prestigious Latin American Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the Wilson Center’s strength as the nation’s key non-partisan forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action. Read more