A Reversal in Shared Prosperity in Brazil : Brazil’s Poverty and Inequality since the 2014-2016 Domestic Crisis

Ciaschi, Matias ; Damasceno Costa, Rita ; Rubiã ; o, Rafael M. ; Paffhausen, Anna Luisa ; Sousa, Liliana D.

World Bank, Washington, DC

关键词: EXTREME POVERTY;    MIDDLE CLASS;    EQUITABLE GROWTH;    INEQUALITY;    MINIMUM WAGE;   

RP-ID  :  152065

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Coronavirus (COVID-19) pandemicarrived in Brazil while the poorest forty percent of thepopulation was still recovering from the 2014-2016 crisis.After boosting Latin America’s reduction in poverty andinequality for the previous decade, Brazil’s 2014-2016crisis and recovery are a stark departure from the previousdecade as Brazil’s inclusive growth turned significantlyregressive. As millions of jobs were lost, Brazil’sexpansive social protection system was unable to effectivelyserve as a countercyclical protection system. This noteanalyses the recently released household data from 2012through 2019 to better understand the severity of the2014-2016 crisis across income groups, as well as the unevenand slow recovery experienced following this crisis.