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HomeWorldLatin America's urban poor are at increased risk due to their vulnerability

Latin America’s urban poor are at increased risk due to their vulnerability

Shoppers jostle for the best prices at the Lo Valledor street market in Santiago, Chile. Urban households that ride the poverty line are particularly sensitive to food inflation. Credit: Max Valencia / FAO
  • by Humberto Marquez (caracas)
  • Inter Press Service

“Not only is there more urban poverty, but also a greater percentage of the population is highly vulnerable, that is, they are very close to falling – and any small shock will make them fall – below the poverty line,” Almudena Fernández, chief economist for the region at the UNDP, told IPS.

Thus, “there is a segment of the population that remains above the poverty line, but which is pushed below it by an illness or the loss of household income,” Fernández told IPS from New York.

Rosa Meleán, 47, who was a teacher for 20 years in Maracaibo, the capital of Zulia, in Venezuela’s oil-rich northwest, told IPS that “falling back into poverty is like the slides where children play in the schoolyard: they keep going up, but with the slightest push they slide down again”.

Meleán has experienced this in person several times, supporting her parents, siblings and nephews with her salary, falling into poverty when her working-class father died, improving with a new job, her salary liquefied by hyperinflation (2017-2020), leaving teaching to search for other sources of income.

“You have to see what it’s like to be poor in Maracaibo, walking in 40 degrees (Celsius) to look for transport, without electricity, rationed water and earning US$25”, the last monthly salary she had as a teacher before retiring five years ago.

And then came the covid-19 pandemic, limiting her new occupations as an office worker or home tutor. She has barely recovered from that blow.

“We live in a time when shocks are more common – from extreme weather events, for example – and we see a lot of economic and financial volatility. We are a much more interconnected world. Any shock anywhere in the world produces a very direct contagion, they are the new normal,” says Fernández.

Poverty falling in numbers

Starting in the 1950s, Latin America and the Caribbean experienced a rapid process of urbanisation, becoming one of the most urbanised regions in the world.

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