Welcome to the FOCAL archive
The Canadian Foundation for the Americas (FOCAL) is no longer in operation. This website documents FOCAL's activities and accomplishments throughout its existence. Thank you for your interest in the work of FOCAL.
|Policy Brief: Economic Growth and Inequality|
Guillermo Perry and Roberto Steiner
High levels of inequality and significant social mobility problems still exist in Latin America, despite recent improvements in the distribution of income. Beyond ethical implications, inequality has repercussions on macroeconomic, institutional and social variables. This policy brief analyzes some of the channels through which inequality affects these variables and offers public policy options that could foster improvements in the distribution of income and opportunities. These policy options could be discussed during the next Summit of the Americas as a topic for regional agreement, with the objective of uniting political and economic forces to reduce the high levels of inequality facing the region.