Thursday, May 24, 2007
"Inequality and Poverty in Latin America: A Long-Run Exploration"
Leandro Prados presented today a paper at the LSE Economic History Seminar . His main conclusion is that inequality changed a lot during the XX century in Latin America. He shows that the bulk of income inequality growth happened after the II World War, therefore the picture of Latin America as immutable unequal is quite wrong. In fact, he shows that inequality in Latin America followed a trend similar to Spain until the sixties, afterwards when their paths diverge.
(Click in the image above and you will see a clearer graph).