Public Spending and Poverty in Ibero-American Countries

The purpose of this chapter is to provide useful information on the two main topics that define it: public spending and poverty. Three objectives are highlighted: 1) to provide a general overview of the concept of poverty and their characteristics; 2) to project, through the consulted literature, a model that explains the determinants of poverty; and 3) to describe, on the basis of aggregate data obtained on the CEPAL website, the situation of public spending (according to the classification by government function) and poverty (population living on less than $1.90 and $3.10/day) in some countries of the Ibero-American territory to show whether there is a significant relationship between public spending and poverty.