01881cas a2200253 a 4500 AALejournalIMF016462 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513529608 1018-5941 BD-DhAAL BD-DhAAL Vargas, Mauricio. Explaining Inequality and Poverty Reduction in Bolivia / Mauricio Vargas, Santiago Garriga. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We investigate the factors driving Bolivia's success in reducing inequality and poverty during the last 15 years. Our evidence suggests that the reduction was driven mainly by labor income growth at the bottom end of the income distribution. Increases in non-labor income (rents, transfers, remittances) also played a role, but a smaller one, although the introduction of Renta Dignidad has made a big difference for the elderly poor. Labor income increases were concentrated in the informal, low-skilled service and manufacturing sectors. As the gains from the commodity boom go into reverse, and the fiscal envelope becomes much tighter, it will be essential that labor and social policies are well designed and targeted to preserve the poverty and inequality reduction of the last 15 years. Mode of access: Internet Garriga, Santiago. IMF Working Papers; Working Paper ; No. 2015/265 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/265/001.2015.issue-265-en.xml IMF e-Library