HARDLY A DENT IN GUATEMALAN POVERTY, AS WEATH DISTRIBUTION BECOMES WORLD'S WORST.
Publication Date: 04-OCT-07
Publication Title: NotiCen: Central American & Caribbean Affairs
Format: Online

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Description

The region's largest economy has made very little progress in reducing the overwhelming, crushing poverty in which so many of its people live. This is the finding of Guatemala's annual Encuesta de Condiciones de Vida (Encovi). This year's Instituto Nacional de Estadistica (INE) Survey on Living Standards covers the data for 2006. Based on interviews with 70,000 Guatemalans throughout the country, the survey concludes that the number of people living below the poverty line, which means people earning less than US$2.30 a day, has dropped only 5% since 2000. Today, extreme poverty describes the conditions of life of most Guatemalans, 51%.

Most of those, however, are not the poorest of the poor. 15.2% of Guatemalans live below the extreme poverty line, pegged at less than US$1.17...

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