URIBE GÓMEZ, MÓNICA and VÁSQUEZ RUSSI, CATALINA MARÍA
Abstract
Despite more than twenty years of implementation of Conditional Cash Transfers (ccts) inequality and poverty remain being one of the main problems of Latin America. These programs seek to stimulate consumption and reduce poverty and have become the axis of articulation of social protection in most of the countries of the region, incorporating logics of resource management and financing, and new actors and discourses on poverty. This paper critically presents the recent literature on ccts and analyzes the trajectories and approaches of the programs. The paper also analyses changes and continuities in the perspectives on poverty. [ABSTRACT FROM AUTHOR]
*ECONOMIC development, *ECONOMIC convergence, *ECONOMIC sociology, *SOCIOECONOMICS, *ECONOMIC policy, *SOCIAL policy, LATIN American economy
Abstract
This paper analyzes the convergence hypothesis and the impact of social policy on the economic growth of the six largest countries in Latin America between 1980 and 2010. Results suggest that social public policies have positively influenced growth in these economies. Particularly, there are non-observed variables (fixed effects) that positively affect the economic growth in Venezuela and Chile; however, there are other non-observed variables that may be negatively affecting growth in Brazil and Mexico. Regarding the convergence hypothesis, results reveal that the speed of convergence diminishes as real income rises, implying that these countries might be converging to their stable states. [ABSTRACT FROM AUTHOR]