Poverty is still widespread in Latin America, in spite of over five decades of international development efforts to eradicate it. While some progress was made during the first decade of the new Millennium, at least until the onset of the global food and economic crises, there are still over one hundred and eighty million people in the region who unable to meet their basic needs. This is the ‘poverty problematic’ that is at the center of this book. It addresses what are perhaps the most important questions of our time: What are the root causes of poverty? And how can it be overcome? Also, with regards to the recent progress in the so-called war against poverty, the editors ask: How real is this progress? What or whose actions are responsible for this achievement? Through a critical analysis of public policies and development pathways, Poverty and Development in Latin America provides nuanced responses to these questions. The major conclusion reached and shared by the editors is that poverty reduction cannot be sustained with an anti-poverty strategy based only on social inclusion and economic assistance, or humanitarian relief. It requires a substantive change in the structure of inequality, and a confrontation of the relations of production and power that sustain this structure.

One out of every five Latin Americans or around 130 million people have never known anything but poverty, subsisting on less than US$4-a-day throughout their lives. These are the region ́s chronically poor, who have remained so despite unprecedented inroads against poverty in Latin America and the Caribbean since the turn of the century. Left Behind: Chronic Poverty in Latin America and the Caribbean takes a closer look at the region’s entrenched poor, who and where they are, and how existing policies need to change in order to effectively assist them. The book shows significant variations of rates of chronic poverty both across and within countries. Within a single country, some regions show incidence rates up to eight times higher than the lowest. Despite the higher rates of chronic poverty in rural areas, chronic poverty is as much an urban as a rural issue. In fact, considering absolute numbers, urban areas in many countries, including Chile, Brazil, Mexico, Colombia and the Dominican Republic, have more chronic poor than rural areas. Undoubtedly the region has come a long way during the decade in terms of poverty reduction, guided by a mix of sustained growth and increased levels in amounts and quality of public spending and programs targeted directly or indirectly to the chronic poor. While improving endowments and the context where the chronic poor live is a necessary condition going forward, the decade’s experience suggests that it may not be enough to reach the chronic poor. The book posits that refinements to the existing policy toolkit †“ as opposed to more programs †“ may come a long way in helping the remaining poor. These refinements include intensifying efforts to improve coordination between different social and economic programs, which can boost the income generation process and deal with the intergenerational transmission of chronic poverty by investing in early childhood development. Equally important though, there is an urgent need to adapt programs to directly address the psychological toll of chronic poverty on people’s mindset and aspirations, which currently undermines the effectiveness of the existing policy efforts.

This book examines the links between economic growth, changing employment conditions, and the reduction of poverty in Latin America in the 2000s. Our analysis answers the following broad questions: Has economic growth resulted in gains in standards of living and reductions in poverty via improved labour market conditions in Latin America in the 2000s, and have these improvements halted or been reversed since the international crisis of 2008? How do the rate and character of economic growth, changes in the various employment and earnings indicators, and changes in poverty and inequality indicators relate to each other? Our contribution is an in-depth study of the multi-pronged growth-employment-poverty nexus based on a large number of labour market indicators (twelve employment and earnings indicators and four poverty and inequality indicators) for a large number of Latin American countries (sixteen of them). The book presents a positive and hopeful set of findings for the period 2000 to 2012/13. Economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. But not all improvements were equal in size or caused by the same things. Some macroeconomic factors were associated with changes in labour market conditions, some of them always in the welfare-improving direction and some others always in the welfare-reducing direction. Most countries in the region suffered a deterioration in at least some labour market indicators as a consequence of the international crisis of 2008, but the negative effects were reversed very quickly in most countries.

In this major work an economist with long experience as an advisor in developing countries explores the conflict between market forces and political reform that has led straight into Latin America's most serious problems. John Sheahan addresses three central concerns: the persistence of poverty in Latin American countries despite rising national incomes, the connection between economic troubles and political repression, and the relationships between Latin America and the rest of the world in trade and finance, as well as overall dependence. His comprehensive explanation of why many Latin Americans identify open political systems with frustration and economic breakdown will interest not only economists but also a broad range of other social scientists. This is "political economy" in the classical sense of the word, establishing a clear connection between the political and economic realities of Latin America.

Indigenous people constitute a large portion of Latin America's population and suffer from widespread poverty. This book provides the first rigorous assessment of changes in socio-economic conditions among the region's indigenous people, tracking progress in these indicators during the first international decade of indigenous peoples (1994-2004). Set within the context of existing literature and political changes over the course of the decade, this volume provides a rigorous statistical analysis of indigenous populations in Bolivia, Ecuador, Guatemala, Mexico and Peru, examining their poverty rates, education levels, income determinants, labour force participation and other social indicators. The results show that while improvements have been achieved in some social indicators, little progress has been made with respect to poverty.

A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards."--BOOK JACKET.

Examines the problem of inedequate access to information and communication technology (ICT) and the need to develop appropriate pro-poor ICT policies. Shows how market reforms have failed to ensure that the benefits of the Information Society have spread across the region.