Abstract
Iberoamericana – Revista Nórdica de Estudios de Latinoamérica y el Caribe, es una revista académica arbitrada, interdisciplinaria y bilingüe. Es administrada por el Instituto de Estudios Latinoamericanos de la Universidad de Estocolmo en colaboración con otras universidades nórdicas con el objetivo de presentar investigación de alta calidad sobre América Latina.La revista publica artículos originales enfocados en temas relacionados con las ciencias sociales y humanidades. Investigadores de todo el mundo son bienvenidos a enviar sus manuscritos en inglés o español.
Highlights
Many studies attest that Latin America is a region of persistent poverty and inequality, despite the evolution of its economic performance
In the Southern Cone, Argentina and Uruguay went through a severe economic crisis in 2001-2002 that turned into a significant reduction of economic activity and eroded socioeconomic indicators
Evidence for Latin American countries shows that income poverty increased during crises and remained higher than pre-crisis levels, approximately between one and five years, depending on the country (Lustig, 2000)
Summary
Many studies attest that Latin America is a region of persistent poverty and inequality, despite the evolution of its economic performance. One peculiar aspect to be noted is that, in both Argentina and Uruguay, the impact and duration of these economic crises in terms of income-poverty variation was larger than in most other countries that experienced severe shocks (Table 2 and World Bank, 2003). Uruguay’s interest, in terms of poverty studies in Latin America, comes from the fact that despite its having a relatively developed social protection system built many decades ago, the recent crisis uncovered many of its weaknesses and clearly pointed out the need for redesign. Uruguay has distinctive economic features, as it experienced significant economic growth rates in the first decades of the twentieth century and stagnation since.
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