Concentration of wealth and income in post-pandemic Latin America: Measurement, results, and perspective

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Abstract

This article examines the difficulties of measuring inequality in Latin America, explores the different sources available, and places the depth of the problem in a comparative perspective. To this end, the paper is organized in four sections. The first considers the problems of measuring wealth, income, and high inequality at a global level, but especially in Latin America, where it is underestimated. The second section refers to the distributive situation, inequalities, and the concentration of wealth before the Covid-19 pandemic. The third shows the preliminary results generated by the pandemic with information available for 2020, 2021, and 2022 globally and in Latin America, and especially Peru. Finally, in the fourth section, some hypotheses are proposed as to what could happen with the concentration of wealth and high inequality at global level, but especially in Latin America and Peru. Indeed, it is a complex and vast reality, where there are many common elements, particularities, and national policies to consider.
Original languageEnglish
Pages (from-to)14-21
JournalEconomic Sociology: Perspectives & Conversations
Volume25
Issue number1
StatePublished - Nov 2023

Keywords

  • Wealth concentration
  • Economic inequality
  • Pandemic
  • Income
  • Latin America

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