Abstract

BRITO GAONA, Luis  and  IGLESIAS VASQUEZ, Emma. Human capital, inequality and economic growth in Latin-America. Rev.econ.inst. [online]. 2021, vol.23, n.45, pp.265-283.  Epub Sep 01, 2022. ISSN 0124-5996.  https://doi.org/10.18601/01245996.v23n45.13.

Macarena Suanes and Oriol Roca studied the main determinants of inequality and economic growth in Latin America between 1980 and 2009 and found that one of the main determinants was foreign direct investment. This paper extends that study to 2015 and shows that such investment is no longer significant. In contrast, increasing human capital significantly reduces inequality and improves economic growth. It is recommended, then, that economic policies are oriented towards raising educational attainment.

Keywords : Economic growth; human capital; inequality; Latin-America; JEL: I24, I25, I28.

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