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Economic Inequality and Political Power: A Comparative Analysis of Argentina and Brazil
Unformatted Document Text:  Economic Inequality and Political Power: A Comparative Analysis of Argentina and Brazil By James K. Galbraith, Laura Spagnolo and Sergio Pinto The University of Texas Inequality Project Lyndon B. Johnson School of Public Affairs The University of Texas at Austin Austin, Texas 78713 Prepared for delivery at the 2006 Annual Meeting of the American Political Science Association, August 30th-September 3, 2006. Copyright by the American Political Science Association. Abstract: In this paper we analyze the distribution of pay and changing trends of inequality in Argentina and Brazil, illuminating the specific winners and losers, by region and by economic activity (sector). In both countries we find that inequality rose in the neoliberal period, but that it declined following the severe crises of neoliberal policy, in 1993 in Brazil and in late 2001 in Argentina. This period of post-neoliberalism is characterized in both countries by a decline in the economic weight of the financial sector and a recovery of the position of the civil service. In both countries, the rise in inequality leading to the crisis produced an increase in the relative position of the major metropolitan centers; this positional advantage also declined modestly in the post-crisis recovery period. ## email not listed ## , ## email not listed ## , ## email not listed ##

Authors: Galbraith, James., Spagnolo, Laura. and Pinto, Sergio.
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Economic Inequality and Political Power: A Comparative
Analysis of Argentina and Brazil
By James K. Galbraith, Laura Spagnolo and Sergio Pinto
The University of Texas Inequality Project
Lyndon B. Johnson School of Public Affairs
The University of Texas at Austin
Austin, Texas 78713
Prepared for delivery at the 2006 Annual Meeting of the
American Political Science Association, August 30th-September 3, 2006.
Copyright by the American Political Science Association.
Abstract: In this paper we analyze the distribution of pay and changing trends
of inequality in Argentina and Brazil, illuminating the specific winners and losers, by
region and by economic activity (sector). In both countries we find that inequality rose
in the neoliberal period, but that it declined following the severe crises of neoliberal
policy, in 1993 in Brazil and in late 2001 in Argentina. This period of post-neoliberalism
is characterized in both countries by a decline in the economic weight of the financial
sector and a recovery of the position of the civil service. In both countries, the rise in
inequality leading to the crisis produced an increase in the relative position of the major
metropolitan centers; this positional advantage also declined modestly in the post-crisis
recovery period.
## email not listed ##
,
## email not listed ##
,
## email not listed ##


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