Social Gains in the Balance: A Challenge for Fiscal Policy in Latin America and the Caribbean
The Latin American Program, the World Bank, and the Inter-American Dialogue hosted a discussion of the region's recent gains in reducing poverty and inequality.
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Significant gains in reducing poverty and increasing the size of the middle class in Latin America and the Caribbean are at risk of losing momentum. Over the last two years, economic growth has slowed and reductions in inequality have stagnated. A new World Bank report, Social Gains in the Balance: A Challenge for Fiscal Policy in Latin America and the Caribbean, argues that governments must not only adopt policies to restore growth and preserve macroeconomic stability; they must also strive to improve opportunities for less advantaged groups to participate in the economy and contribute to growth. The report also explores progress in two policy areas relevant for accelerating poverty reduction: fiscal policy and its ability to redistribute the gains from growth, and creating equal access to basic goods and services for all children in Latin America and the Caribbean, thus improving their chances to become more productive adults.
|Welcome:||Cynthia J. Arnson|
|Director, Latin American Program|
|Speakers:||Louise J. Cord|
|Sector Manager, Poverty, Gender and Equity|
|Latin America and the Caribbean, World Bank|
|George Gray Molina|
|Senior Economist for Latin America|
|United Nations Development Program|
|President, Inter-American Dialogue|
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