Increase in poverty

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Uruguay and the Dominican Republic are the only countries in the region to have experienced an increase in poverty since 1998, according to the Economic Commission of Latin America and the Caribbean (ECLAC). These statistics come from a study called 'Social Panorama of Latin America 2006." The study compares statistics for the periods 1998-2002 and 2003-2006. However, the study does show that poverty was on the decline between 2004 and 2005. In the case of the DR, Listin Diario writes that poverty increased from 49.9% to 47.5% between 2002 and 2005, and during the same period unemployment increased from 13.9% to 16.5%. The paper writes that the 2003 crisis, increased unemployment and better financial distribution in other countries in the region lead to the low rankings for the DR and Uruguay. Poverty decreased from 44% to 39.8% in the region overall.

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