Abstract
The article illustrates the degree of wealth in various Latin American economies and the process of wealth concentration towards billionaires (super-rich) and the highest economic strata to the detriment of the affluent, the upper-middle classes, and the middle classes -with the exception of Chile,Peru, and several other economies. Although Latin America has a high concentration of wealth, its Gini coefficient is lower than that of other regions ofthe world. A clear upward trend in the concentration of wealth in the region and the world can be seen throughout the period analyzed.
| Translated title of the contribution | Concentration of wealth in Latin America in the 21st century |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 111-136 |
| Journal | Problemas del Desarrollo |
| Volume | 51 |
| Issue number | 203 |
| DOIs | |
| State | Published - 30 Sep 2020 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 1 No Poverty -
SDG 10 Reduced Inequalities -
SDG 17 Partnerships for the Goals
Keywords
- Billionaires
- Concentration
- Distribution of wealth
- Gini coefficient
- Inequality
- Productive wealth
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