Latin American Economy & Business - April 2016 (ISSN 1741-7430)

Region: Poverty rate begins to edge up

Regional Economy Review by LatinNews 22 April 2016 Modified: 22 April 2016 2356 views

According to the 2015 Social Panorama of Latin America, published in March by the UN Economic Commission for Latin America and The Carribbean (ECLAC), more than a decade of steady reductions in poverty rates may have come to an end last year. If this is more than a temporary blip, there are at least two implications: one is that the region may begin to see a moderate increase in social and political tensions, and second, that the strong growth of the middle classes, which has boosted consumer demand, may also be easing back.

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