Latin American Economic Outlook 2011 : How Middle-Class Is Latin America?.

Description

This year's Latin American Economic Outlook focuses on those in the middle of the income distribution in Latin America. If these middle sectors have stable employment and reasonably robust incomes, then, arguably, they provide a solid foundation for economic progress. Moreover, following the political role often attributed to the middle classes by historians and sociologists, they might also support moderate but progressive political platforms in Latin America's democracies. In fact, this report shows that, contrary to expectations, in Latin America this group is still economically vulnerable.  Read more... Foreword Acknowledgements Table of Contents Preface Acronyms and Abbreviations Executive Summary part one: macroeconomic overview part two: how midd le-class is latin america? Chapter One Middle Sectors and Latin American Development Chapter Two Social Protection and Labour Informality in the Middle Sectors Chapter Three Education, Social Mobility and the Middle Sectors Chapter Four The Middle Sectors, Fiscal Policy and the Social Contract.