Overcoming inequality in Latin America

"Latin America is faced with the challenge of achieving the Millennium Developmental Goal to halve poverty in the region by 2015. Historically, this region has experienced persistently high levels of inequality and poverty, and the situation has deteriorated considerably over the past few years. This book analytically examines both the causes and consequences of inequality in Latin America." "Overcoming Inequality in Latin America adopts a multidimensional approach to understanding the fundamental causes of inequality in the region, focusing on the mechanisms that lead to higher inequality and emphasising the role of macroeconomics, trade rules, capital flows and the political electoral process. This book analyses how inequality has hindered development, how it interacts with a nation's economic, social and political processes, and how inequality constrains the above processes in ways that weaken the prospect of establishing and sustaining a dynamic, wealthy and creative society. Examining the key economic policies and reforms that have exacerbated the region's extremely high inequality levels, this book prescribes an alternative range of policy suggestions to help alleviate inequality and provide the foundations for more equitable development."--Jacket.