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Income distribution
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=== Brazil === Income distribution is typically higher is typically higher in developing economies than in advanced economies. In most major emerging economies, income inequality rose over the past three decades (2016), namely in China, Russia, South Africa and India.<ref> Derviş, K., & Qureshi, Z. (2016). Income distribution within countries: Rising in===Chiequality. Global Economy and Development. Brookings.</ref> Although some might argue,<ref>World Inequality Database (WID.world) (2023) – processed by Our World in Data</ref><ref>{{cite web |url=https://www.imf.org/-/media/Files/Publications/WP/2017/wp17225.ashx|title= Inequality in Brazil: A Regional Perspective |last= |first= |date= |website= |publisher= |access-date= |quote=}} </ref> the Brazilian Institute of Statistics claims that from 2004 to 2014, income inequality in Brazil declined. The Gini coefficient for household per capita income has gone down from 0,54 to 0,49. This decline is due to boosted income of the poor by sustained economic growth and implementation of social policies, for example increase in minimum wage or targeted social programs. In particular, the Bolsa Família program, introduced by reelected president Luiz Inácio Lula da Silva, whose goal is to support families in need. Although criticized, this program has not only helped reduce income inequality, but also increased literacy and lower child labor and mortality. In addition, progressive taxation, as well as schooling, demographic changes, and labor market segmentation, contributed to reducing inequality. Even though Brazil has managed to lower its income inequality, it is still very high compared to the rest of the world, with around half of the total income being concentrated among the richest 10 per cent, a little above a fifth among the top 1 per cent, and close to one tenth among the top 0.1 per cent.<ref>Piketty, T. 2014. Capital in the XXI century. Cambridge, MA: Harvard University Press.</ref> * '''Gini''' coefficient: 0.52(2022) * '''Unemployment''' rate: 8.032% (2024).<ref>{{cite web |url= https://gfmag.com/data/economic-data/world-unemployment-rates/ |title= Unemployment Rates Around the World 2024 |last= |first= |date= 18 April 2024|website= |publisher= |access-date= |quote=}}</ref> * '''GDP''' per capita: $17,827.6 (2022) * '''Poverty''' rate: 1.4% (3,65$) (2023)
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