de Barros, Ricardo Paes de Carvalho, Mirela Franco, Samuel Mendonça, Rosane Rosalém, Andrezza
Year of Publication:
Texto para Discussão, Instituto de Pesquisa Econômica Aplicada (IPEA) 1476
Over the past two decades, poverty and income inequality declined sharply in Espírito Santo. About half of the observed reduction in poverty was due to the concomitant and also sharp drop in inequality that characterized the period under review. This sharp reduction in poverty and inequality, however, did not operate continuously over the past two decades, and was particularly faster over the past five years. But if the most recent evidence does point to a further concern of poverty and inequality in the state, they also point to the significant effectiveness of social policy in addressing these needs based on the combination of improvements in productivity and wages of the poorest workers (structural reduction of poverty and inequality), with the construction and expansion of a social safety net and more focused and increasingly generous (immediate relief of extreme poverty). Thus, on the one hand, yet cannot be said that poverty and inequality have been reduced to acceptable levels, secondly, the extremely fast progress achieved over the past two decades, particularly over the last five years, shows the effectiveness of the current social policy. Despite the still high levels of poverty and inequality, kept the fast pace that the state has progressed, in less than 15 years it will reach levels consistent with their level of economic development.