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Regulation, competition and income distribution: An outsider's perspective

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  • Reis, Jaime

Abstract

This comment explores some implications and extensions of the papers collected in this volume. It stresses the disadvantages of ignoring the very long-run nature of the distributional question. It analyses the difficulty of finding practical as well as satisfactory policy solutions, especially in the case of education, and the importance of harmonizing them with the social, cultural and political traditions with which they are often in conflict. It argues, optimistically, that growth and income redistribution have been possible during the 20th century in many parts of the world but, realistically too, that they may not necessarily be just "around the corner" in many of those examined here.

Suggested Citation

  • Reis, Jaime, 2008. "Regulation, competition and income distribution: An outsider's perspective," The Quarterly Review of Economics and Finance, Elsevier, vol. 48(2), pages 447-456, May.
  • Handle: RePEc:eee:quaeco:v:48:y:2008:i:2:p:447-456
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    References listed on IDEAS

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    1. François Bourguignon & Christian Morrisson, 2002. "Inequality Among World Citizens: 1820-1992," American Economic Review, American Economic Association, vol. 92(4), pages 727-744, September.
    2. Jörg Baten & Uwe Fraunholz, 2004. "Did Partial Globalization Increase Inequality? The Case of the Latin American Periphery, 1950–2000," CESifo Economic Studies, CESifo Group, vol. 50(1), pages 45-84.
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    4. Acemoglu,Daron & Robinson,James A., 2009. "Economic Origins of Dictatorship and Democracy," Cambridge Books, Cambridge University Press, number 9780521671422, January.
    5. Claudia Goldin & Lawrence F. Katz, 1998. "The Origins of Technology-Skill Complementarity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(3), pages 693-732.
    6. Goldin, Claudia, 2001. "The Human-Capital Century And American Leadership: Virtues Of The Past," The Journal of Economic History, Cambridge University Press, vol. 61(2), pages 263-292, June.
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