Income inequality and Severe Poverty decrease in Brazil

Income inequality and severe poverty decreased in Brazil during the last years.

Income inequality and severe poverty decreased in Brazil during the last years. The Gini coefficient was of 0.60 in 1995 against 0.54 in 2009. In the same period, the severe poverty ratio, which measure the share of population living with less than 1.25 dollars a day, declined from 16.4% in 1995 to 4.7% in 2009.

These evolutions are very positive. They are the result of ambitious social policies. In education, reforms allowed per example to increase the rate of attainment in primary education (34.5% in 1995 against 61.7% in 2009). As the same, the minimum wage has been strongly increased these last years : it increased from 83 dollars a month in 1995 to 295 dollars in 2011. Finally, efforts have been made to improve the levels of social protection.

Please click below to read the full article of Pedro H. G. Ferreira de Souza from Institute for Applied Economic Research (IPEA), "Poverty, Inequality and Social Policies in Brazil, 1995 - 2009".

Poverty, Inequality and Social Policies in Brazil

Source : Pedro H. G. Ferreira de Souza, "Poverty, Inequality and Social Policies in Brazil, 1995 - 2009", Institute for Applied Economic Research (IPEA).

Photo : Dornicke (Wikimedia Commons)


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22 October 2012

Themes : • Income

Brèves

Same theme