The Escalation of Inequality – What was the impact of the crisis on income distribution and poverty?
About the research:
The research shows, first hand, that per capita household earnings inequality has been increasing for 17 consecutive quarters compared to the same month last year. This is the longest period of rising concentration in the Brazilian historical series. Not even in 1989, the historical peak of Brazilian income inequality, was preceded by a concentration movement for so many consecutive periods.
As the previous historical series of PNAD Continuous microdata was adjusted by IBGE, the study investigated forward and backward innovations in earnings inequality. From the end of 2014 until the second quarter of 2019, the income of the poorest 50% of the population fell 17% and that of the richest 1% grew 10%. More than a long recession followed by a slow recovery, the country has moved from inclusive growth to an income concentration recession. 2014 was the turning point.
The biggest loser of the crisis were individuals aged 20 to 24 years, blacks; illiterates, residents of northern and northeastern Brazil. From the traditionally excluded groups, only women had a 2% income increase. The past few years have improved for those who have studied more, and as women.The increase in the value of education was together with that of unemployment the great drivers of inequality in general.
| THE ESCALATION OF INEQUALITY - What was the impact of the crisis on income distribution and poverty?
Complete Text (in Portuguese)
Slides "The Escalation of Inequality"
I Global Inequality (Folha de S. Paulo):
Brazil's super-rich lead global income concentration
Without the required focus, Brazil may take 15 years to return to the poverty levels of 2014
Documentary Video (Subtitles in English): "Global Inequality - Brazil"
l In portuguese
O Globo/Ancemo Gois - As pessoas também estão ganhando menos
O Globo/Ancemo Gois - A crise pune os mais pobres
O Globo - País vive mais longo ciclo de aumento da desigualdade
Jornal da Globo/TV Globo - Brasil está no seu maior período de desigualdade dos últimos trinta anos
Globo News – Estúdio I - Diferença entre ricos e pobres cresce há 17 trimestres
TV Cultura - Brasil atingiu o período mais longo de desigualdade de renda
Bom Dia Brasil/TV Globo - Aumento da desigualdade no Brasil
TV Band News - A desigualdade de renda no Brasil aumentou no segundo trimestre
Jornal Hoje/TV Globo - Desigualdade de renda cresce há 17 trimestres consecutivos no país, aponta FGV
Globo News em Ponto - País vive mais longo ciclo de aumento da desigualdade
Record News - FGV: desigualdade de renda cresce há 17 trimestres consecutivos
Encontro com Fátima Bernardes/G1 (TV Globo) - Desigualdade de renda aumentou pelo 17º trimestre seguido
RJTV / TV Globo - Cresce o número de pessoas que recebem até R$89 por mês
O Estado de S. Paulo - Escalada da desigualdade
TV Brasil - Desemprego no país recuou em 10 estados o 2º trimestre deste ano
II RELATED RESEARCHES
- See other FGV Social research on crisis and perceptions of Brazilians:
- How´s Life? Economics of Happiness in Brazil Crisis
- Brazilian Crisis Perceptions
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