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Is Greater Equity Necessary for Higher Long-Term Growth in Latin America?

In: Economic Growth with Equity

Author

Listed:
  • François Bourguignon
  • Michael Walton

Abstract

This chapter explores the relationship between equity and the growth process. It argues that equity, in the sense of equality of opportunity, is, in some fundamental respects, complementary to long-run growth. Sustained growth is likely to be much more problematic in highly inequitable societies. This is of central concern for Latin America because of the continued large inequities prevalent throughout the continent.

Suggested Citation

  • François Bourguignon & Michael Walton, 2007. "Is Greater Equity Necessary for Higher Long-Term Growth in Latin America?," Palgrave Macmillan Books, in: Ricardo Ffrench-Davis & José Luis Machinea (ed.), Economic Growth with Equity, chapter 5, pages 95-125, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-80091-5_5
    DOI: 10.1057/9780230800915_5
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    Cited by:

    1. Ffrench-Davis, Ricardo., 2010. "Macroeconomía para el empleo decente en América Latina y el Caribe," ILO Working Papers 994590693402676, International Labour Organization.
    2. Gómez Sabaini, Juan Carlos & Morán, Dalmiro, 2014. "Tax policy in Latin America: Assessment and guidelines for a second generation of reforms," Macroeconomía del Desarrollo 36806, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Ricardo FFRENCH-DAVIS, 2012. "Employment and real macroeconomic stability: The regressive role of financial flows in Latin America," International Labour Review, International Labour Organization, vol. 151(1-2), pages 21-41, June.
    4. Ricardo Ffrench-Davis, 2008. "From Financieristic To Real Macroeconomics: Seeking Development Convergence In Ees," Working Papers wp272, University of Chile, Department of Economics.
    5. Ffrench-Davis, Ricardo, 2015. "Neoestructuralismo y macroeconomía para el desarrollo," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 39629.
    6. Ricardo Ffrench-Davis, 2012. "Empleo y estabilidad macroeconómica real: El rol de los flujos financieros en América Latina," Working Papers wp349, University of Chile, Department of Economics.
    7. repec:ilo:ilowps:459069 is not listed on IDEAS

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