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How deep is the influence of the 2008 worldwide main issue on Ecuador, Brazil and Mexico? even supposing having comparable adventure with the regulations of the Washington Consensus, Ecuador, Brazil and Mexico have verified various recommendations of social and financial improvement over the past decade. those transformations may be saw in the course of and after the worldwide main issue in 2008. not like the social anti-neoliberal coverage applied in Ecuador and the innovative social and fiscal coverage in Brazil, Mexico has been engaging in the coverage of persevered neoliberalism. one of many conclusions drawn is that Mexico faces abysmal inequalities and patience of poverty, which aren't simply explicated by means of old roots, but additionally by means of robust purposes of neoliberal rules.
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Extra resources for Poverty and Inequality in Ecuador, Brazil and Mexico after the 2008 Global Crisis
In order to determine the factors that explain this result, the Institute of Applied Economic Research (IPEA) conducted a study which considered the following elements: a) demographic characteristics of households, b) income transfers c) returns on assets d) access to employment, unemployment and participation in the labor market and e) distribution of employment income (Cepal, 2006). The study notes that the recent change in the structural distribution of income is explained mainly by government transfers and reducing inequality in employment income.
The aim was to mitigate the impact of the international crisis on Brazil, by avoiding a sharp slowdown in the economy and its negative consequences for output and employment. In that framework, counter-cyclical fiscal, credit and monetary policies were adopted. Silva and Ribeiro (2012) noted that policies applied by the government were implemented in various areas. With regard to the financial system, measures were taken to maintain the liquidity solvency of the banks, showing to markets that the government’s serious intention to prevent a potential bank run.
In 2011 the most dangerous state for women was Federal District with the official registered number of 759 cases of the sexual abuse.