Why is middle-class growth in Latin America slowing?
Although poverty has continued to decrease in Latin America, middle class growth has stalled since the economic slowdown.
Oscar Calvo-Gonzalez is Practice Manager in the Poverty and Equity Global Practice of the World Bank
Although poverty has continued to decrease in Latin America, middle class growth has stalled since the economic slowdown.
Indigenous people in Latin America face poverty rates that are twice as high as the average.
The largest socio-economic group in Latin America have escaped poverty, but are not yet middle class.