Government Policy and the Distribution of Income in Peru 19631973

Harvard University Press

Government Policy and the Distribution of Income in Peru, 19631973Author(s): Richard C. Webb\nFormat: Hardback\nPublisher: Harvard University Press, United States\nImprint: Harvard University Press\nISBN-13: 9780674358300, 978-0674358300\nSynopsis\nThe redistribution of income has been a key element in Peruvian governmental policy. Both the Belaunde and Velasco regimes professed a deep concern with economic injustice, and they have been regarded as models of peaceful progress toward social justice. Despite its good intentions, Richard Webb shows, the government has had little impact on the rigid imbalance of wealth in Peru. The rich have continued to get richer faster than the poor have got less poor. Inequality has grown, and those most in need of improvement have benefited least. The tax structure has actually become more regressive. with taxes raised most on middle-income groups and least on the very rich.\n\nOverall, the Peruvian government's economic policy has been mildly progr""