Shaking Up Economic Progress

Show simple item record

collection.link.137
https://openknowledge.worldbank.org/handle/10986/6002
collection.link.213
https://openknowledge.worldbank.org/handle/10986/11866
collection.name.137
Spanish PDFs Available
collection.name.213
Other papers
dc.contributor.author
Baez, Javier E.
dc.contributor.author
Fuchs, Alan
dc.contributor.author
Rodriguez-Castelan, Carlos
dc.date.accessioned
2017-11-27T16:12:14Z
dc.date.available
2017-11-27T16:12:14Z
dc.date.issued
2017-11
dc.date.lastModified
2020-01-31T20:54:40Z
dc.description.abstract
The Latin America and Caribbean region has achieved remarkable economic and social progress over the last decade, gradually shifting toward middle-income status. Economic growth reached an average annual rate of 3.2 percent over 2000–14, noticeably higher than in previous decades. This favorable context contributed to significant poverty reduction and expansion of the middle class. The proportion of the region's 600 million people living in extreme poverty, defined in the region as life on less than 2.50 dollars a day, was cut in half between 2003 and 2012, to 12.3 percent. Similarly, the share of Latin Americans living in moderate poverty, corresponding to living on less than 4.00 dollars a day, fell from 41.1 percent to 25.3 percent. Since 2011, there have been more Latin Americans in the middle class than in poverty, and the middle class is projected to become the largest group in the region (World Bank 2014a). The gains attained span other areas of human development such as increased access to basic services and lower child and maternal mortality.
en
dc.identifier
http://documents.worldbank.org/curated/en/771491511793184415/Shaking-up-economic-progress-aggregate-shocks-in-Latin-America-and-the-Caribbean
en
dc.identifier.uri
http://hdl.handle.net/10986/28892
dc.language
English
dc.language
Spanish
dc.publisher
Washington, DC: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.title
Shaking Up Economic Progress
en
dc.title.alternative
Aggregate Shocks in Latin America and the Caribbean
en
okr.date.disclosure
2017-11-27
okr.doctype
Publications & Research :: Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/771491511793184415/Shaking-up-economic-progress-aggregate-shocks-in-Latin-America-and-the-Caribbean
en
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b08538dad1_1_0
okr.identifier.internaldocumentum
28648440
okr.identifier.report
121664
okr.imported
true
en
okr.language.supported
en
okr.language.supported
es
okr.pdfurl
http://documents.worldbank.org/curated/en/771491511793184415/pdf/121664-WP-Final-Report-Aggregate-Shocks-and-Economic-Progress-English-web.pdf
en
okr.region.administrative
Latin America & Caribbean
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic
Industry :: Industrial Economics
okr.topic
Poverty Reduction :: Inequality
okr.unit
LCREC - External Communications (LCREC)

Show simple item record



This item appears in the following Collection(s)