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dc.titleEconomic Shocks, Inequality and Poverty: The Need for Safety Nets
dc.contributor.authorLustig, Nora
dc.contributor.orgunitSustainable Development Department
dc.coverageMexico
dc.coverageThe Caribbean
dc.coverageSouth America
dc.coverageCentral America
dc.date.available2011-11-08T00:00:00
dc.date.issue1998-06-01T00:00:00
dc.description.abstractThis discussusion paper deciphers how poverty and income distribution were affected by economic shocks in the Latin American region. Empirical evidence suggests that macroeconomic shocks can result in substantial increases in inequality and poverty. Latin America has experienced two major crises in the last 15 years. In the 1980s, Mexico's debt crisis spread throughout Latin America on the back of trade shocks and weak public finances. In 1995, Mexico's liquidity crisis, spread only to Argentina. This paper was prepared for the IDB "Conference on Social Protection and the Poor," held in Washington, D.C., on February 4th-5th, 1999.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0006886
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Economic-Shocks-Inequality-and-Poverty-The-Need-for-Safety-Nets.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPoverty
dc.subjectSocial Policy and Protection
dc.subjectFinancial Crisis and Structural Adjustement
dc.subject.keywordsinequality, economic shocks, safety nets, economic crisis, Mexico's debt crisis
idb.identifier.pubnumberDiscussion Papers
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