•  
  •  
 

Journal of Undergraduate Research

Keywords

poverty alleviation, Mexico, poverty levels, programs

College

Family, Home, and Social Sciences

Department

Economics

Abstract

Poverty alleviation is one of the greatest policy challenges for Mexico. In the aftermath of the Mexican crisis of 1994/95, real per capita GDP fell sharply; employment in the formal sector declined as well as real wages. This led to a drastic increase in poverty at a national level, reversing most achievements of poverty alleviation policies of the late 1980s and early 1990s. However, since 1996 there has been a notable turnaround, and the share of the population in poverty has declined. According to the World Bank, the share of Mexico’s population living in extreme poverty1 declined from 16.2 per cent in 1989 to 13.2 per cent in 2000. The reduction in poverty can be attributed to several factors: net job creation in the formal sector, the slight increase in real wages, the increase in migrant remittances, and the expansion of social programs in the recent years.

Download

Included in

Economics Commons

Share

COinS