Fiscal Redistribution and Income Inequality in Latin America

dc.creatorGoñi, Edwin
dc.creatorLópez, J. Humberto
dc.creatorServén, Luis
dc.date2012-05-25T20:17:05Z
dc.date2012-05-25T20:17:05Z
dc.date2008-01
dc.date.accessioned2026-07-01T01:09:45Z
dc.descriptionIncome inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of the state. This paper documents the performance of Latin American fiscal systems from the perspective of income redistribution using newly-available information on the incidence of taxes and transfers across the region. The findings indicate that: (i) the differences in income inequality before taxes and transfers between Latin America and Western Europe are much more modest than those after taxes and transfers; (ii) the key reason is that, in contrast with industrial countries, in most Latin American countries the fiscal system is of little help in reducing income inequality; and (iii) in countries where fiscal redistribution is significant, it is achieved mostly through transfers rather than taxes. These facts stress the need for fiscal reforms across the region to further the goal of social equity. However, different countries need to place different relative emphasis on raising tax collection, restructuring the tax system, and improving the targeting of expenditures.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/01/8962550/fiscal-redistribution-income-inequality-latin-america
dc.identifierhttps://hdl.handle.net/10986/6468
dc.identifierhttps://doi.org/10.1596/1813-9450-4487
dc.identifier.urihttp://hdl.handle.net/123456789/415720
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4487
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVERSE EFFECT
dc.subjectAGRICULTURE
dc.subjectAVERAGE INCOME
dc.subjectBENCHMARK
dc.subjectCAPITAL ASSETS
dc.subjectCASH TRANSFER
dc.subjectCASH TRANSFERS
dc.subjectCENTRAL AMERICAN
dc.subjectCOL
dc.subjectCONSUMPTION TAXES
dc.subjectCONVENTIONAL INSTRUMENTS
dc.subjectCORPORATE INCOME TAX
dc.subjectCORPORATE TAX
dc.subjectCORPORATE TAX RATE
dc.subjectCORPORATE TAXES
dc.subjectDATA AVAILABILITY
dc.subjectDEDUCTIONS
dc.subjectDEFICITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISPOSABLE INCOME
dc.subjectDISTRIBUTION OF INCOME
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LIFE
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC VOLATILITY
dc.subjectEFFECTIVE TAX RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFINANCES
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGINI COEFFICIENT
dc.subjectGINI INDEX
dc.subjectGLOBAL ECONOMY
dc.subjectGROSS INCOME
dc.subjectHOLDING
dc.subjectHOLDINGS
dc.subjectHOUSEHOLD INCOME
dc.subjectHUMAN CAPITAL
dc.subjectINCENTIVE EFFECTS
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVELS
dc.subjectINCOME SHOCKS
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINCOMES
dc.subjectINDEBTEDNESS
dc.subjectINDIRECT TAXATION
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINSTITUTIONAL CONSTRAINTS
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINTERVENTIONS
dc.subjectLATIN AMERICAN
dc.subjectLIQUIDITY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMICS
dc.subjectMICRODATA
dc.subjectMIDDLE EAST
dc.subjectMONETARY FUND
dc.subjectNATURAL RESOURCES
dc.subjectNORTH AFRICA
dc.subjectPAYROLL TAXES
dc.subjectPENSION
dc.subjectPENSION SYSTEM
dc.subjectPENSION SYSTEMS
dc.subjectPENSIONS
dc.subjectPER CAPITA INCOME
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPOVERTY REDUCTION
dc.subjectPROGRAMS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC GOOD
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SPENDING
dc.subjectPURCHASING POWER
dc.subjectRATE OF GROWTH
dc.subjectREDISTRIBUTIVE EFFECTS
dc.subjectSIMULATIONS
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOCIAL PROGRAMS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL VALUE
dc.subjectSUB-SAHARAN AFRICA
dc.subjectTARGETING
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASES
dc.subjectTAX COLLECTION
dc.subjectTAX COMPLIANCE
dc.subjectTAX CONCESSIONS
dc.subjectTAX EVASION
dc.subjectTAX INCIDENCE
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX RECEIPTS
dc.subjectTAX REFORM
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAX SYSTEMS
dc.subjectTAXABLE INCOME
dc.subjectTAXPAYERS
dc.subjectTRANSFER PAYMENTS
dc.subjectTRANSITION ECONOMIES
dc.subjectUNEMPLOYMENT
dc.subjectVALUE ADDED
dc.subjectVALUE ADDED TAXES
dc.subjectVOLATILITY
dc.subjectWEALTH
dc.subjectWESTERN EUROPE
dc.titleFiscal Redistribution and Income Inequality in Latin America

Archivos

Colecciones