Lack of trust between individuals and between individuals and institutions is a chronic problem in Latin America and Caribbean and often linked to inequality. After all, in a region that ranks among the most unequal in the world, it is natural to distrust political elites who seem to coopt government and ensure that policies favor the wealthy over the poor. Moreover, when … [Read more...] about How Perceptions of Inequality Affect Trust in Latin America and the Caribbean
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How Climate Change Worsens Poverty and Inequality
Over the coming decades, climate change and natural disasters have the potential to undo much of the progress made in lifting households out of poverty over prior decades. By one estimate, climate change could push 100 million people across the globe into poverty within the next 10 years. By the end of the century, the ratio of GDP per capita … [Read more...] about How Climate Change Worsens Poverty and Inequality
How Residential Segregation Fuels Inequality, and What Can Be Done about It
The widespread inequalities of economic opportunities in Latin America and the Caribbean are a major concern for policymakers throughout the region. These inequalities are, in no small part, spatial. Where you live and where you work matters—often substantially—for your opportunities in life. Research is rapidly improving our understanding of … [Read more...] about How Residential Segregation Fuels Inequality, and What Can Be Done about It
Can Democracy Reduce Inequality?
Despite two decades of social policies targeting poverty and inequality, Latin America remains one of the most economically unequal regions in the world. Recurrent protests motivated by economic grievances have been a regular reminder of this reality. The ongoing health crisis caused by the coronavirus pandemic has disproportionately harmed already vulnerable populations, … [Read more...] about Can Democracy Reduce Inequality?
Not the Usual Recession: Why Inequality after Covid-19 May Get a Lot Worse
It is tempting to view the severe economic downturn of the Covid-19 pandemic through the same lens as other recessions that have struck Latin American and the Caribbean over the last three decades. Most of those previous events, after all, led to increases in poverty and unemployment, much as the current crisis has done. But when it comes to inequality, one of the region's most … [Read more...] about Not the Usual Recession: Why Inequality after Covid-19 May Get a Lot Worse