The Associated Press September 15, 2011, 3:51PM ET

Survey: Income rose and inequality fell in Brazil

An economic research institute in Brazil found that income rose by nearly a third between 2004 and 2009 and that the inequality that has long plagued the country fell.

The study by the Institute of Applied and Economic Research says economic growth, job gains and an increase in the minimum wage helped raise the average income by 28 percent in the five-year period.

Released Thursday, the survey also says government conditional cash transfer programs helped alleviate extreme poverty.

According to the study, Brazil reduced by 5.6 percent its rating on the Gini index. The index measures the degree of inequality in a country's income distribution.

BW Mall - Sponsored Links

Buy a link now!