Year of Graduation
The Dynamics of Socio-Economic Development of Latin American Countries in 2000-2016
For centuries, the problems of socio-economic development of Latin American countries, in particular, the issues of poverty and income inequality have been a central topic in the studies. Therefore, the aim of this research is to examine the dynamics of several socio-economic indicators from 2000 to 2016 and determine the main imbalances of socio-economic development of Latin America. In order to analyze regional development and assess the hypothesis that regions are on the way to convergence in terms of their socio-economic development, the classification of selected countries’ regions will be conducted. The results of the study have shown that despite the improvements in multiple socio-economic indicators, such problems as income inequality, relative poverty, low quality of institutions and limited access to education and healthcare still remain the real obstacle to social well-being of the region. As for regional aspect, disproportions of territorial development were detected and the hypothesis of regional convergence was rejected.