Economic Inequality in Latin America and the Caribbean

This book analyses the historical, social, economic, and political factors that influence inequality and accounts for the persistent high levels in Latin America and the Caribbean.

It offers practical, evidence-based solutions to empower policymakers, activists, and scholars to promote social justice and create meaningful change. Economic growth in the region has been less than stellar, and some countries have experienced significant periods of negative growth. Latin America and the Caribbean remain one of the most unequal regions in the world in terms of income distribution, with the majority of the population living in poverty, whilst a small elite holds a disproportionate share of income and wealth. This book investigates the trends, policies, and mechanisms that mitigate or exacerbate inequality and assesses their consequences for individuals, communities, and societies. The book also considers cross-disciplinary issues, such as how the capacity to respond to and adapt to climate change relates to existing disparities, particularly for marginalised communities. The book concludes by making the case for economic growth and political will, and presents actionable solutions and strategies to address economic inequality in the region.

Interdisciplinary and forward-thinking in its outlook, this book will be an important read for policymakers and researchers across economics, sociology, and political science.