1945

Conclusions and policy implications

The distribution problem is one of the most intractable facing Latin America and the Caribbean. Most countries in the region have very high levels of inequality compared with countries elsewhere in the world, and there is little evidence that those levels are falling. Inequality rose during the adjustments and recessions of the 1970s and 1980s, and in most cases it did not go back down despite economic recovery in the 1990s.

Related Subject(s): Economic and Social Development
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