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Brazil - Income Inequality

Income Inequality in Brazil
In the global economy Brazil has been marked for decades by its consistent problem with inequality in income distribution. In 2001 the World Bank ranked 152 countries and only five African countries had Gini coefficients higher than Brazil’s (de Medeiros). For the level of GDP and economic clout that Brazil has, no other country comes close to the having the same issues with income inequality and poverty. The causes of Brazil’s problems have been debated extensively as economists try and pinpoint the most significant causes of the in distribution, but we can conclude that several factors: education, regional inequalities, structural unemployment and price instability; all meet to play important roles in the Brazilian crisis.
Education
According to Carlos Aguiar de Medeiros of International Development Economics Associates, education almost always shows a direct connection to income distribution is. This idea is continually supported by...

Posted by: Kelly G Hess

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