Abstract

ALARCO TOSONI, Germán  and  CASTILLO GARCIA, César. Concentration of wealth in Latin America in the 21^st century. Prob. Des [online]. 2020, vol.51, n.203, pp.111-136.  Epub Jan 11, 2021. ISSN 0301-7036.  https://doi.org/10.22201/iiec.20078951e.2020.203.69534.

The article illustrates the degree of wealth in various Latin American economies and the process of wealth concentration towards billionaires (super-rich) and the highest economic strata to the detriment of the affluent, the upper-middle classes, and the middle classes -with the exception of Chile, Peru, and several other economies. Although Latin America has a high concentration of wealth, its Gini coefficient is lower than that of other regions of the world. A clear upward trend in the concentration of wealth in the region and the world can be seen throughout the period analyzed.

Keywords : distribution of wealth; concentration; productive wealth; inequality; Gini coefficient; billionaires.

        · abstract in Spanish     · text in English | Spanish     · English ( pdf ) | Spanish ( pdf )