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001398599 010__ $$z2012041229
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001398599 020__ $$a0821397230 (electronic book)
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001398599 035__ $$a(OCoLC)820123158
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001398599 050_4 $$aHC130.I5$$bF47 2013eb
001398599 08204 $$a305.5/5098$$223
001398599 1001_ $$aFerreira, Francisco H. G.
001398599 24510 $$aEconomic mobility and the rise of the Latin American middle class$$h[electronic resource] /$$cFrancisco H.G. Ferreira [and five others].
001398599 260__ $$aWashington, D.C. :$$bWorld Bank,$$c2013.
001398599 300__ $$a1 online resource (xv, 182 p.) :$$bill.
001398599 4901_ $$aWorld Bank Latin American and Caribbean studies
001398599 504__ $$aIncludes bibliographical references.
001398599 5050_ $$aIntroduction -- Economic mobility and the middle class: concepts and measurement -- Mobility across generations -- Mobility within generations -- The rising Latin American and Caribbean middle class -- The middle class and the social contract in Latin America.
001398599 506__ $$aAccess limited to authorized users.
001398599 5203_ $$a"After decades of stagnation, the size of Latin America's middle class recently expanded to the point where, for the first time ever, the number of people in poverty is equal to the size of the middle class. This volume investigates the nature, determinants and possible consequences of this remarkable process of social transformation. We propose an original definition of the middle class, tailor-made for Latin America, centered on the concept of economic security and thus a low probability of falling into poverty. Given our definition of the middle class, there are four, not three, classes in Latin America. Sandwiched between the poor and the middle class there lies a large group of people who appear to make ends meet well enough, but do not enjoy the economic security that would be required for membership of the middle class. We call this group the 'vulnerable'. In an almost mechanical sense, these transformations in Latin America reflect both economic growth and declining inequality in over the period. We adopt a measure of mobility that decomposes the 'gainers' and 'losers' in society by social class of each household. The continent has experienced a large amount of churning over the last 15 years, at least 43% of all Latin Americans changed social classes between the mid 1990s and the end of the 2000s. Despite the upward mobility trend, intergenerational mobility, a better proxy for inequality of opportunity, remains stagnant. Educational achievement and attainment remain to be strongly dependent upon parental education levels. Despite the recent growth in pro-poor programs, the middle class has benefited disproportionally from social security transfers and are increasingly opting out from government services. Central to the region's prospects of continued progress will be its ability to harness the new middle class into a new, more inclusive social contract, where the better-off pay their fair share of taxes, and demand improved public services."--Provided by publisher.
001398599 588__ $$aDescription based on print version record.
001398599 650_0 $$aIncome$$zLatin America.
001398599 650_0 $$aMiddle class$$zLatin America.
001398599 650_0 $$aHouseholds$$xEconomic aspects$$zLatin America.
001398599 650_0 $$aOccupational mobility$$zLatin America.
001398599 650_0 $$aSocial mobility$$zLatin America.
001398599 651_0 $$aLatin America$$xEconomic conditions.
001398599 7102_ $$aWorld Bank.
001398599 77608 $$iPrint version:$$aFerreira, Francisco H. G.$$tEconomic mobility and the rise of the Latin American middle class.$$dWashington, D.C. : World Bank, 2013$$z9780821396346$$z082139634X$$w(DLC)  2012041229
001398599 830_0 $$aWorld Bank Latin American and Caribbean studies.
001398599 852__ $$bacq
001398599 85280 $$bebk$$hProQuest Ebook Central Academic Complete
001398599 85640 $$3ProQuest Ebook Central Academic Complete$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=1109723$$zOnline Access
001398599 909CO $$ooai:library.usi.edu:467161$$pGLOBAL_SET
001398599 980__ $$aEBOOK
001398599 980__ $$aBIB
001398599 982__ $$aEbook
001398599 983__ $$aOnline
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