The World Bank has recently defined two strategic goals: ending extreme poverty and boosting shared prosperity. Shared prosperity is measured as income growth among the bottom 40 percent of the income
"Why is inequality finally declining in a region marked by uncommonly high---and previously persistent---income disparities? And what does it imply for the future? In this excellent book, Lopez-Calva,
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