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Growth, Inequality and Poverty in Selected Caribbean and Latin American Countries, with Emphasis on Guyana

Published online by Cambridge University Press:  01 October 1998

JOHN GAFAR
Affiliation:
C.W. Post Campus, Long Island University, Greenvale, New York 11548, U.S.A.

Abstract

The statistical evidence surveyed suggests that as an indicator of development the Human Development Index is directly related to the level of per capita income; that inequality is countercyclical; and that economic growth is poverty reducing. In the case of Guyana the data suggest that nearly 43 per cent of the population were below the poverty line (approximately US$1 per day per person); that poverty is predominantly rural; that most of the poor seek employment in agriculture or in the informal (self employed) sector; and that there is a direct relationship between the level of education, health and poverty.

Type
Research Article
Copyright
© 1998 Cambridge University Press

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Footnotes

The author wishes to thank the editors and referees of this journal for their incisive and constructive comments that have helped to improve this paper. All remaining errors and interpretation are the author's.