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The Evolution of the Middle Class in Latin America

Author

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  • Leopoldo Tornarolli

    (IPC-IG)

Abstract

Latin American countries have always been characterised by relatively high levels of income inequality, even taking into accounttheir degree of economic development. If such excess inequality is combined with the fact that these are mostly middle-incomeand low-income countries, it can be understood that, in general, the middle class has not historically represented a significantproportion of the population in many countries in the region.
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Suggested Citation

  • Leopoldo Tornarolli, 2014. "The Evolution of the Middle Class in Latin America," One Pager 258, International Policy Centre for Inclusive Growth.
    • Handle: RePEc:ipc:opager:258
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    References listed on IDEAS

    as
    1. Birdsall, N. & Graham, C. & Pettinato, S., 2000. "Stuck in the Tunnel: Is Globalization Muddling the Middle Class?," Papers 14, Brookings Institution - Working Papers.
    2. Abhijit V. Banerjee & Esther Duflo, 2008. "What Is Middle Class about the Middle Classes around the World?," Journal of Economic Perspectives, American Economic Association, vol. 22(2), pages 3-28, Spring.
    3. Francisco H.G. Ferreira & Julian Messina & Jamele Rigolini & Luis-Felipe López-Calva & Maria Ana Lugo & Renos Vakis, 2013. "Economic Mobility and the Rise of the Latin American Middle Class [La movilidad económica y el crecimiento de la clase media en América Latina]," World Bank Publications - Books, The World Bank Group, number 11858.
    Full references (including those not matched with items on IDEAS)

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