Left Behind : Chronic Poverty in Latin America and the Caribbean (World Bank)

Left Behind : Chronic Poverty in Latin America and the Caribbean (World Bank)

A new publication from the World Bank, Left Behind : Chronic Poverty in Latin America and the Caribbean, Overview (by Vakis, Renos; Rigolini, Jamele; Lucchetti, Leonardo) presents the main elements about chronical poverty in Latin America and the Caribbean. “Many people are born into poverty and never escape their poverty status: these are the chronic poor. The chronic poor have not benefitted much from the impressive growth rates of the 2000’s and may have fallen into the cracks of the social assistance system; they have been left behind. Furthermore, the prospects of them escaping poverty in the near future are weak. GDP growth has slowed significantly, from about six percent in 2010 to an estimated 0.8 percent in 2014. As a result, improved labor market prospects may not prove to be sufficient for the chronic poor to escape poverty.”

Read full text from World Bank