Current trends in Poverty Reduction Latin America: the role of labour market and social protection // Roxana Maurizio
Latin America experienced six years of sustained economic growth from 2003 to 2008, before the international crisis. This performance was accompanied by a positive behaviour of social and labour market indicators as well as of income distribution. Less inequality and higher incomes resulted in lower rates of poverty and extreme poverty and a decrease in the number of poor people. These improvements are in stark contrast to the situation in the 1980’s and 1990’s. But the reduction in poverty and inequality is not a simple consequence of economic growth as this brief shows.