Asset Accumulation by the Middle Class and the Poor in Latin America

Political Economy and Governance Dimensions

Format *
This paper highlights missing components of current social policies in Latin America that affect the political-economy equilibrium: in particular, the neglect of the middle class as valid subject of social policy, the persistence of income and wealth inequality in a context of moderate growth and the need to put more emphasis on asset accumulation by the poor and the middle class. The paper provides economic and political economy rationales for devising new policies that could correct this neglect.

Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211216202
PDF ISBN
9789211559989
Print Publication Date
PDF Publication Date
Page Count
28
Print Sales Number
06.II.G.176
Series Title
Macroeconomía del Desarrollo

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