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A16 LOCAL
Friday 2 June 2017
ECLAC:

Inequality in Latin America Obstacle to Sustainable Development

the use of time, those as- sists on the need to foster
sociated with ethnic-racial a progressive structural
status, and others related change in Latin America
to different stages of the and the Caribbean that
life cycle. generates quality jobs, with
“Inequality is a historical rights and social protection;
and structural characteris- greater levels of productiv-
tic of Latin American and ity; and better recompense
Caribbean societies, which of the labor factor.
manifests itself via multiple Furthermore, the report
vicious circuits. Advancing warns that women contin-
toward its significant re- ue to be overrepresented
duction is one of the goals in the lower-income quintil-
of the 2030 Agenda for es and that their total work
Sustainable Development, time (which is equivalent
signed by all the countries to adding the hours dedi-
of the region in 2015. cated to unpaid domes-
This agenda advocates for tic and care work to those
leaving no one behind,” dedicated to paid work) is
Alicia Bárcena, Executive Secretary of ECLAC, during the presentation of the Social Panorama of Alicia Bárcena stated. greater than that of men,
Latin America 2016. In 2015, the Gini coeffi- which limits their economic
(CEPAL Photo/Carlos Vera) cient on personal income autonomy.
showed an average value Women dedicate up to
of 0.469 for 17 countries in one third of their time to
-This is a structural phe- to countries’ prioritization Income distribution is just Latin America (0 represents unpaid domestic and
nomenon that manifests it- of social development ob- one of the dimensions of the absence of inequality care work, versus just 10%
self via multiple vicious cir- jectives, but the pace of inequality analyzed in the and 1 maximum inequal- for men. What’s more, the
cuits, according to the So- decline slowed between annual report entitled So- ity), a level considered to economic value of the un-
cial Panorama 2016 annual 2012 and 2015 and current cial Panorama of Latin be high. paid work carried out in
report released this week. levels remain very high for America 2016, presented Although the index fell 1.2% households – which is not
the goal of achieving sus- by ECLAC’s Executive Sec- annually on average be- accounted for in the GDP
SANTIAGO, CHILE - Be- tainable development, the retary, Alicia Bárcena, at tween 2008 and 2012, the – is equivalent to approxi-
tween 2008 and 2015, in- Economic Commission for a press conference in San- pace of decline halved mately one fifth of Gross
come distribution inequal- Latin America and the Ca- tiago, Chile. The study also between 2012 and 2015 Domestic Product, the re-
ity among people in Latin ribbean (ECLAC) warned addresses inequalities be- (0.6% annually). gional body underscores.
America decreased thanks this week. tween men and women in
This progress was driven Ethnic-racial status is an-
by a relative improvement other factor of structural
in wage income among inequality in Latin America,
the lowest-income sec- ECLAC affirms.
tors, thanks to active poli- About 130 million Afro-de-
cies carried out in various scendant people are liv-
countries, such as the for- ing in the region (2015), or
malization of employment approximately 21% of the
and real increases in the total population. Although
Located in the Riu Antilles Resort (Formerly the Westin Resort) minimum wage, ECLAC ex- Brazil and Cuba concen-
FREE TRANSPORTATION TO THE CASINO FROM ALL plains. Also noteworthy was trate 91% of the regional
HIGH RISE AND LOW RISE HOTELS AND TIMESHARES. the increase in monetary total, the Afro-descendant
transfers toward lower-in-
population is present in all
CALL 525-7777 FOR MORE INFORMATION come strata. Latin American countries. In
LIVE POKER Nonetheless, through a 14 of these, government in-
complementary analysis of stitutions and mechanisms
have been created to fight
functional income distribu-
GAMES START 8 PM TO THE WEE HOURS tion in the region, it can be racism and promote racial
seen that the recent distrib-
equality while legislation
utive improvements were to protect their rights has
1-2.....2-5......5-5 1-3.....2-5......5-5 not necessarily associated been strengthened.
This population group is
with a more equitable divi-
$100 HIGH HAND BONUSES EVERY HOUR sion of capital and labor. overrepresented in the
OVER $20,000 PER WEEK GIVEN OUT IN HIGH HAND BONUSES This edition of the Social lowest-income socioeco-
Panorama also calls at-
nomic stratum and suffers
CRAPS tention to the structure of deep inequalities in all ar-
ONLY CASINO IN ARUBA TO OFFER 3, 4 & 5 TIME ODDS property (physical and fi- eas of social development,
which are expressed, for
nancial assets) as a funda-
mental factor for reproduc- example, in higher rates of
ing inequality in the region. infant and maternal mor-
SPORTSBOOK Through a case study, it tality, of teenage pregnan-
verifies that wealth distribu-
cy and of unemployment,
LIVE SIMULCAST OF ALL MAJOR TRACKS tion is even more unequal and lower wage income
THROUGHOBRED AND HARNESS than what is measured by (in comparison to non-Af-
people’s income alone. ro-descendants), the study
For that reason, ECLAC in- reveals. q