In 6 Years, 3 Million Brazilians Left Poverty Behind

Rocinha favela in Rio de Janeiro, Brazil

Rocinha favela in Rio de Janeiro, Brazil In Brazil, three million people crossed the poverty threshold over the last six years in the six main metropolitan regions of Brazil, resulting in an 8.8% reduction in poverty percentages. The figures are included in the study Poverty and Riches in Metropolitan Brazil.

The research work was disclosed July 5 by the Brazilian Institute of Applied Economic Research (Ipea), considering figures for the capital cities of São Paulo, Rio de Janeiro, Recife, Salvador, Belo Horizonte and Porto Alegre.

The number of poor people, which was 14.3 million in 2002, rose to 15.4 million in 2003 and has been falling steadily since, reaching 11.3 million this year. In terms of percentages, the evolution was the following: 32.9% in 2002, 35% in 2003 and falling figures form then on, to the current 24.1%.

The main reasons, according to the Ipea, are economic growth, minimum wage raises and federal government income transfer programs.

The level of indigence followed the same rhythm. It was 12.7% in 2002 (5.5 million people), climbed to 13.7% in 2003 (6 million) and is now at 6.6% (3.1 million).

In 2003, the percentage of richest families, with monthly income of over 40 minimum wages, suffered a 20% reduction, returning to growth starting in 2005. According to the Ipea, last year the percentage was at the same level as in 2002 and, this year, the tendency is for it to remain stable.

The study shows, however, that "all these positive figures with regard to poverty have not evolved into productivity gains, due to the economic stability and to gains from higher minimum wages."

According to the Ipea, "the owners of means of production may be taking hold of a larger share of national income."

ABr

Tags:

  • Show Comments (2)

  • João da Silva

    [quote]WHAT DID THEY MOVE TO ECUDOR

    OR FLED TO THE US OR EU[/quote]

    Nope. They all relocated to Zimbabwe 🙂

  • forrest allen brown

    ???????????????????
    WHAT DID THEY MOVE TO ECUDOR

    OR FLED TO THE US OR EU

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

Ads

You May Also Like

Senator José Sarney from Brazil

Will Brazil’s Sarney Fall on His Sword?

The Senate chairman, José Sarney, is following in the tradition of his predecessors and ...

Lula raises ethanol bottle

Lula: World Is Watching and It Seems We Haven’t Ethanol Even for Ourselves

Brazilian President Luiz Inácio Lula da Silva has called on sugarcane mill owners to ...

Argentina’s 7.6% Growth Pushes LatAm Up, Despite Brazil’s 4% Increase

Latinamerica and the Caribbean region economies are forecasted to expand 5% in 2006, up ...

Brazil to Ban Glamour and Sex in Drinking Ads

The Brazilian federal government intends to be tougher with rules on advertising for alcoholic ...

Brazilian sugarcane cutter

By Promoting Ethanol Brazil Is Contributing to a World Tragedy

I hold nothing against Brazil, even though to more than a few Brazilians continuously ...

American and Brazilian presidents George W. Bush and Luiz Inácio Lula da Silva

Brazil’s Lula Close to Doha Round Agreement with “Good Friend” Bush

Brazil and United States will attempt to advance the Doha global trade talks during ...

Bus set on fire by organized crime in São Paulo, Brazil

Enough Already of Pretending Brazil Doesn’t Need a Revolution

Enough already of all the cruelty. Of bus passengers burned alive, of young people ...

Chavez receives Lula in Caracas

Brazil’s Lula Learns with Chavez a Recipe for Happiness

Luiz Inácio Lula da Silva and Hugo Chávez,  the presidents, respectively, of Brazil and ...

Brazilian medical products

Brazilian Medical Company Wants to Become Bridge Between Brazil and Overseas

When he opened his company, in the 1990's, Brazilian José Marcelo Soares Pereira, had ...

Brazil Sighs in Relief as Bolivia Calms Down

The truce declared by Bolivian social movements after the new President, Eduardo Rodriguez Veltzé, ...