Chile: The Unbearable Burden of Inequality
Chile has been cited as a successful case of development. Relatively fast economic growth over almost two decades has been accompanied by a significant reduction in absolute poverty. However, persistent economic growth and a mostly pro-poor structure of public expenditures have not been sufficient t...
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| Veröffentlicht in: | World development 2008-12, Vol.36 (12), p.2679-2695 |
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| container_title | World development |
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| creator | López, Ramón Miller, Sebastian J. |
| description | Chile has been cited as a successful case of development. Relatively fast economic growth over almost two decades has been accompanied by a significant reduction in absolute poverty. However, persistent economic growth and a mostly pro-poor structure of public expenditures have not been sufficient to reduce inequality in one of the most unequal countries in the world. We show that the key factors explaining this persistent inequality have been a low level of fiscal expenditures caused by low tax revenues that have not permitted enough public investment in human capital and knowledge generation and diffusion. |
| doi_str_mv | 10.1016/j.worlddev.2008.01.012 |
| format | Article |
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| fulltext | fulltext |
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| ispartof | World development, 2008-12, Vol.36 (12), p.2679-2695 |
| issn | 0305-750X 1873-5991 |
| language | eng |
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| source | Elsevier ScienceDirect Journals Complete - AutoHoldings; RePEc; PAIS Index |
| subjects | Chile Economic development Economic growth Economic inequality Equality Expenditures government expenditure Government spending growth Human capital Inequality inequality growth government expenditure taxes Latin America Chile Investment Latin America Poverty Public expenditure Public investments Studies Tax revenue Tax revenues taxes |
| title | Chile: The Unbearable Burden of Inequality |
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