Protecting Latin America’s Poor During Economic Crises
History tells us that economic crises cause large increases in poverty. The most recent economic crisis will cause Latin America’s GDP to contract around 2 percent in 2009.
Taxes, Expenditures, Poverty and Income Distribution in Argentina
ABSTRACT
Using standard fiscal incidence analysis, this paper estimates the impact of tax and expenditure policies on income distribution and poverty in Argentina with data from the National Household Survey on Incomes and Expenditures 2012-2013. The results show that fiscal policy has been a powerful tool in reducing inequality and poverty but that the unusually high levels of public spending may make the programs unsustainable.
Downloads
Suggested Content
Earthquake Exposes Haiti’s Silent Crisis
Haiti represents one of the most complex and deeply rooted challenges facing U.S. foreign policy in the Western Hemisphere: a failing state on the doorstep of the world’s most powerful nation.
Haiti’s Faint Signs of Progress Take a Vicious Blow
Since achieving independence in 1804 to become the world’s first free black state, Haiti has been beset by turbulent, often violent, politics and a gradual but seemingly unstoppable slide from austerity to poverty to misery.