Study Shows Less Inequality in Brazil But Also General Decline in Income

Social inequality is at its lowest level since the 1960 Census. This is one of the major findings of a new study released today, June 8, by the Getúlio Vargas Foundation (FGV).

The study, which is based on the National Household Sample Survey from the Brazilian Institute of Geography and Statistics (PNAD-IBGE), with data from 2004, indicates that, since the beginning of the present decade, the country has been making progress in reducing the inequalities between rich and poor.

The study also shows that while average income in Brazil rose 3.6% in 2004, the income received by the poorest part of the population grew 14.1%.

The study, entitled "Growth for the Poor: The Brazilian Paradox," was conducted by the FGV, together with researchers from the United Nations (UN) International Poverty Center, and will be presented by professor Marcelo Nero, head of the FGV’s Center for Social Policies.

In an interview with the Agência Brasil, Neri affirms that the study demonstrates that the decline in inequality that occurred in 2004 continues a trend that began in 2001 in the direction of an improvement in the distribution of income.

"The most recent PNAD shows that the pie was better distributed. Over the last ten years, however, income growth was a deception for Brazilians in general.

"The situation is somewhat paradoxical: Over this period the average income of the Brazilian population as a whole declined 0.63% annually, while the income earned by the poorest segments grew 0.73% in per capita terms, that is, discounting population growth."

Agência Brasil

Tags:

You May Also Like

Brazilian Market Getting US$ 12 Billion Injection to Deal with Crisis

The global financial crisis sparkled by the US mortgage debacle has prompted the Central ...

New Rules at Mercosur Give More Power to Brazil

In a move that opens the way for the creation of a Supranational Justice ...

Brazil Threatens to Suspend U.S. Movies and Software Rights

The Brazilian Congress is considering the suspension of intellectual property rights of American products ...

Despite Increase in Sales Brazil Embraer’s Revenues Fall in Second Quarter

Brazilian aircraft maker Embraer,  the world's leading manufacturer of commercial jets with up to ...

Unerring Light

Like a mythological phoenix, Trio Mocotó, rises from the ashes with results that are ...

Brazil’s Bradesco Bank Boosts Profit by 2.4% to US$ 2.6 Billion

Bradesco, Brazil's biggest private bank, posted net income of 4.1 billion Brazilian reais (US$ ...

Germany’s Anti-Nuclear Stance Is a Warning Brazil Can’t Ignore

In 2009, I went to Chernobyl. Thirty years after the accident it was still ...

Gulf Air Considering Brazil’s Embraer for Its Fleet Expansion

The Brazilian aircraft manufacturer Embraer announced it has signed a preliminary agreement with Gulf ...

Light out of Darkness

A country where the population can reduce by 20 percent the domestic consumption of ...

In Brazil, 60% Will Be Middle Class by 2018, Says President Rousseff

In Washington, while speaking on the world economic crisis during her visit to the ...