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A Reversal in Shared Prosperity in Brazil : Brazil's Poverty and Inequality since the 2014-2016 Domestic Crisis / Matias Ciaschi.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Ciaschi, Matias.
- Series:
- Policy Notes.
- World Bank e-Library.
- Policy Notes
- Language:
- English
- Subjects (All):
- COVID-19.
- Inequality.
- Middle Class.
- Minimum Wage.
- Poverty Assessment.
- Poverty Lines.
- Poverty Monitoring and Analysis.
- Poverty Reduction.
- Local Subjects:
- COVID-19.
- Inequality.
- Middle Class.
- Minimum Wage.
- Poverty Assessment.
- Poverty Lines.
- Poverty Monitoring and Analysis.
- Poverty Reduction.
- Other Title:
- Reversal in Shared Prosperity in Brazil
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- The Coronavirus (COVID-19) pandemic arrived in Brazil while the poorest forty percent of the population was still recovering from the 2014-2016 crisis. After boosting Latin America's reduction in poverty and inequality for the previous decade, Brazil's 2014-2016 crisis and recovery are a stark departure from the previous decade as Brazil's inclusive growth turned significantly regressive. As millions of jobs were lost, Brazil's expansive social protection system was unable to effectively serve as a countercyclical protection system. This note analyses the recently released household data from 2012 through 2019 to better understand the severity of the 2014-2016 crisis across income groups, as well as the uneven and slow recovery experienced following this crisis.
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