POVERTY REDUCTION IN BRAZIL AND MEXICO. GROWTH, INEQUALITY AND PUBLIC POLICIES
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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad de Huelva
2017
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| _version_ | 1876471260929589248 |
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| author | Miguel Carrera Troyano |
| author_facet | Miguel Carrera Troyano |
| contents | POVERTY REDUCTION IN BRAZIL AND MEXICO. GROWTH, INEQUALITY AND PUBLIC POLICIES Miguel Carrera Troyano Rafael Domínguez Martín Economía y Finanzas brazil mexico growth inequality public policies This paper compares poverty reduction performance of Brazil and Mexico between 1990 and 2013, showing the great differences brought about by the substantial falls in Brazil and very limited results in Mexico. This paper explains these contrasting outcomes focusing on the interaction between growth and inequality reduction, and on the different public policies developed by each country. Mexico’s greater openness exposed the country to external shocks (a financial shock in 1995 and another in 2008, caused by the USA crisis in 2008) and, at the same time, the rise of China as a global power had a negative impact on Mexico and a positive one on Brazil. On the other hand, labour market policies were also different (i.e. in minimum wage development) and the welfare state was less developed and less generous in Mexico than in Brazil. 2017 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86650984002 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.45 |
| format | Artículo científico |
| id | redalyc_86650984002 |
| institution | Redalyc |
| language | en |
| publishDate | 2017 |
| publisher | Universidad de Huelva |
| spellingShingle | POVERTY REDUCTION IN BRAZIL AND MEXICO. GROWTH, INEQUALITY AND PUBLIC POLICIES Miguel Carrera Troyano Economía y Finanzas brazil mexico growth inequality public policies POVERTY REDUCTION IN BRAZIL AND MEXICO. GROWTH, INEQUALITY AND PUBLIC POLICIES Miguel Carrera Troyano Rafael Domínguez Martín Economía y Finanzas brazil mexico growth inequality public policies This paper compares poverty reduction performance of Brazil and Mexico between 1990 and 2013, showing the great differences brought about by the substantial falls in Brazil and very limited results in Mexico. This paper explains these contrasting outcomes focusing on the interaction between growth and inequality reduction, and on the different public policies developed by each country. Mexico’s greater openness exposed the country to external shocks (a financial shock in 1995 and another in 2008, caused by the USA crisis in 2008) and, at the same time, the rise of China as a global power had a negative impact on Mexico and a positive one on Brazil. On the other hand, labour market policies were also different (i.e. in minimum wage development) and the welfare state was less developed and less generous in Mexico than in Brazil. 2017 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86650984002 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.45 |
| title | POVERTY REDUCTION IN BRAZIL AND MEXICO. GROWTH, INEQUALITY AND PUBLIC POLICIES |
| topic | Economía y Finanzas brazil mexico growth inequality public policies |
| url | https://www.redalyc.org/articulo.oa?id=86650984002 |