Economic mobility and the rise of the latin american middle class

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 rema...

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Bibliographic Details
Main Authors: Ferreira, Francisco H. G, Messina, Julian, Rigolini, Jamele, Lopez-Calva, Luis-Felipe, Lugo, Maria Ana, Vakis, Renos, Lopez-Calva, Luis Felipe
Format: eBook Book Publication
Language:English
Published: Washington, D.C THE WORLD BANK 2012
World Bank
World Bank Publications
The World Bank
Washington, DC: World Bank
Edition:1
Series:Latin America and Caribbean Studies
Subjects:
ISBN:0821397230, 082139634X, 9780821396346, 9780821397237
Online Access:Get full text
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Table of Contents:
  • Economic mobility and the rise of the latin american middle class -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Overview -- 1. Introduction -- 2. Economic mobility and the middle class: concepts and measurement -- 3. Mobility across generations -- 4. Mobility within generations -- 5. The rising latin american and caribbean middle class -- 6. The middle class and the social contract in latin america.
  • Front Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Overview -- A middle-income region on the way to becoming a middle-class region -- Within generations, remarkable upward mobility -- Across generations, mobility remains low -- A snapshot of the Latin American middle class -- The middle class and the social contract -- Notes -- References -- 1 Introduction -- Latin American "climbers" and "stayers" -- The broad context -- Pursuing the questions -- Notes -- References -- 2 Economic Mobility and the Middle Class: Concepts and Measurement -- Spaces, domains, and concepts of economic mobility -- Defining the middle class -- Linking mobility and middle-class dynamics: A matrix decomposition -- Notes -- References -- 3 Mobility across Generations -- Educational attainment: How important is parental background? -- The importance of educational achievement -- From educational to income mobility -- Policies and intergenerational educational mobility -- Conclusions -- Notes -- References -- 4 Mobility within Generations -- Using synthetic panels to study long-term mobility -- Income mobility in Latin America: The past two decades -- Unravelling the box: Exiting poverty and entering the middle class -- Mobility profiles: Insights for policy -- Concluding remarks -- Annex 4.1 Data used for intragenerational mobility estimates -- Annex 4.2 Regional and country intragenerational mobility estimates and decomposition using synthetic panels -- Notes -- References -- 5 The Rising Latin American and Caribbean Middle Class -- The middle class in Latin America and the Caribbean -- Recent middle-class growth trends -- Forecasts for poverty reduction and middle-class growth -- Who is middle class in Latin America and the Caribbean? -- Broad class profiles from three exemplar countries
  • Middle-class characteristics, selected countries -- References -- 6 The Middle Class and the Social Contract in Latin America -- The middle class and the shaping of economic policy -- Values and beliefs of the Latin American middle classes -- Overcoming a fragmented social contract -- Notes -- References -- Boxes -- Figures -- Focus Notes -- Tables -- Back Cover