The
paper explores some interlinkages between
income growth, income distribution and
poverty historically observed in Latin
American countries, with particular reference
to the recent experiences in Argentina,
Brazil, Chile, Mexico and Venezuela. It
follows the classical political economy
and the Latin American structuralist approach
to bring out the complex interaction between
functional and personal income distributions
and their role in shaping the national
income distributions during different
phases and economic regimes from a historical
perspective. It also outlines some recent
trends in this connection and ends by
critically analysing some myths on Latin
America income distribution that are very
ingrained in the common sense..
October 29, 2006.
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