Latin America's Emerging Middle Classes [electronic resource] : Economic Perspectives /
Dayton-Johnson, Jeff.
Dayton-Johnson, J.editor.
Politicians, business leaders and citizens look with hope to the Latin American middle class for political stability and purchasing power, but the economic position of the middle class remains vulnerable. The contributors document the remarkable emergence of this middle group in Latin America, whose measurement turns out not to be an easy task.
Description based upon print version of record.
Title; Copyright; Contents; List of Tables and Figures; Tables; Figures; Preface; References; Notes on Contributors; List of Acronyms and Abbreviations; 1 Making Sense of Latin America's Middle Classes; What three recent narratives about Latin America tell us about the middle class; Just who is the Latin American middle class?; Revisiting Narratives about the Latin American Middle Class: What the studies in this volume tell us; Notes; References; 2 Inequality, Mobility and Middle Classes in Latin America; Introduction; Income Inequality: Trends and Determinants
What does the decline of inequality mean for middle classes in Latin America?Growth, Inequality and Directional Mobility; Concluding Remarks; Notes; References; 3 Latin America's Global Middle Class: A Preference for Growth over Equality; Definitions; Simulations: the effects of economic growth; Simulations: The Effects of Income Redistribution; Latin America and Asia in the Global Middle Class 2005-30; The Global Middle Class in Peru is not so Progressive: Attitudes and Values; Policy Discussion and Conclusions; Notes; References; 4 Brazil's New Middle Classes: The Bright Side of the Poor1
Conceptualizing the Middle ClassEconomic Classes: Past Performance and Forecasts; Sustainability of Living Conditions of the middle class; Middle-Class Perceptions; Conclusions; Appendix; Notes; References; 5 Who Is the Latin American Middle Class? Relative-Income and Multidimensional Approaches; The Importance and Measurement of the Middle Class; The Evolution of the Middle Class in Latin America, 2000-11; Who is Middle Class in Latin America and What Do They Think?; Determinants of belonging to an income class; The Multidimensional Middle Class, as Illustrated by the Case of Colombia
ConclusionAppendix; Notes; References; 6 Covering the Uncovered: Labor Informality, Pensions and the Emerging Middle Class in Latin America; Formality and Informality Among Latin American Middle Classes; Pension Coverage Among the Middle Classes; Policy Options: Social Pensions and Matching Contributions?; Conclusions; Notes; References; 7 Business Sector Responses to the Rise of the Middle Class; The Emergence of a New Middle Class in Latin America; The Growth of Emerging Multinationals; Industries Most Favored by the New Middle Class in Latin America; Future Opportunities and Risks; Notes
References8 Feeling Middle Class and Being Middle Class: What Do Subjective Perceptions Tell Us?; Defining the Subjective Middle Class in Latin America; What Influences the Perceived Social Position of Latin Americans?; What Makes People Think They Are Middle Class (When They Are Not)?; Conclusions; Notes; References; 9 Political Attitudes of the Middle Class: The Case of Fiscal Policy; The Median-Voter Model and Beyond; Empirical Evidence for Latin America; Conclusions; Notes; References; Index
Includes bibliographical references and index.
Politicians, business leaders and citizens look with hope to the Latin American middle class for political stability and purchasing power, but the economic position of the middle class remains vulnerable. The contributors document the remarkable emergence of this middle group in Latin America, whose measurement turns out not to be an easy task.
Political economy.
Economic policy.
Sociology.
Economic development.
Development economics.
Social structure.
Social inequality.
International Political Economy.
Economic Policy.
Sociology, general.
Development Studies.
Development Economics.
Social Structure, Social Inequality.