Inequality In The Monetary And Functionings Spaces: The Case Of Peru Under The First Garcia Government (1985–1990)

Burchi, F and Passacantilli, A. (2013), “Inequality in the Monetary and Functionings spaces: The case of Peru under the first Garcia Government (1985-1990)”. Journal of International Development 25(3): 297-444, Wiley-Blackwell.

In this article, we analyze inequality changes in Peru under the first Garcia government (1985–1990). Our findings indicate that stability in consumption inequality and a substantial decline in wealth inequality were achieved, probably thanks to the government’s demand-led policies, despite their deleterious effects on other macroeconomic indicators. The following analysis reveals that inequality in most functionings, including overall well-being, diminished, as did geographical disparities. We thus offer here (i) a methodological contribution to the debate on inequality, stressing the need to go beyond consumption/income inequality if one wants to track inequality changes across time, and (ii) a contribution to the debate about the socioeconomic situation in Peru between 1985 and 1990.

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