CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Brazil, 1981-2013: The effects of economic growth and income inequality on poverty

This study analyses the impact of economic growth and income inequality on poverty in Brazil in the years from 1981 to 2013. A dynamic panel model was used, estimated by the twostep generalized method-of-moments system developed by Blundell-Bond (1998), in order to analyse three scenarios: the first corresponds to the entire period covered by this study (i.e. 1981-2013); the second encompasses the years from 1981 to 1994 (the period leading up to the Real Plan); and the third is the period from 1995 to 2013 (the years following the implementation of the Real Plan). The results indicate that economic growth policies that promote an increase in income in conjunction with a reduction in income disparities are more effective in combating poverty in Brazil than those that focus only on raising mean income levels. The findings also point to the existence of a pro-poor form of growth in the period following the Real Plan.

English Spanish

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