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Semestre Económico

Print version ISSN 0120-6346On-line version ISSN 2248-4345

Abstract

ORTIZ BENAVIDES, Edinson  and  RUALES SUAREZ, Katherin Julieth. Inequality and Poverty in Colombia: What is the Dilemma?. Semest. Econ. [online]. 2021, vol.24, n.57, pp.98-124.  Epub Jan 19, 2022. ISSN 0120-6346.  https://doi.org/10.22395/seec.v24n57a5.

Inequality and poverty are the social phenomena that have aroused the most interest among economists, politicians and multilateral organizations, without there being agreements on their causal relationship and the establishment of priorities when setting public policies between one and the other. Therefore, the objective of this research is to analyze the relationship between Inequality and Poverty in Colombia, in light of an alternative measure of the Gini, more practical and efficient. The data of 398,862 households from the National Survey of Quality of Life 2011-2019 in Colombia and of monetary poverty and inequality of 74 countries in the years 2018-2019, show that equality is present at the extremes of the spectrum of well-being or development and that inequality is in its intermediate parts, inviting to redirect the focus of the international community, not on inequality, but on the population that falls below the conditions established as minimum in a society in a given context and time , that is, the poor population.

JEL CLASSIFICATION:

D63, I32, I31

CONTENTS:

Introduction; 1. Literature review; 2 Methodological description; 3 Analysis of data; 4 Results; Conclusions; References

Keywords : Inequality; poverty; quality of life; economic growth; Colombia.

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