ABSTRACT
This chapter examines the macroeconomy and inequality in Latin America. The main aim is to understand how these two dimensions interact with each other in a region characterised by high levels of inequality. The concern with inequality reflects, and is a response to, a widespread recognition that the international targets of halving extreme poverty by 2015 will not be met in Latin America through growth alone; for this to effectively happen, inequality should be substantially reduced as well.1
