Economic Growth With Equity: Challenges for Latin America

Hardcover | January 15, 2007

EditorRicardo Ffrench-davis, José Luis Machinea

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This timely publication analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. In economies with average per-capita GDP about one-quarter to one-fifth of that of richer economies, tackling the challenge of producing equitable growth emerges as a requisite for reducing the development gap with rich countries. This volume focuses on growth-with-equity, written by an outstanding group of Latin American and international researchers and policy-makers.

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This timely publication analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. In economies with average per-capita GDP about one-quarter to one-fifth of that of richer economies, tackling the challenge of producing equitable growth emerges as a re...

RICARDO FFRENCH-DAVIS is an Adviser at CEPAL and Professor of Economics at the Universidad de Chile, Chile. In 2005, he was awarded the Chilean National Prize for the Humanities and Social Sciences. He is the author of Economic Reforms in Chile: From Dictatorship to Democracy and Reforming Latin America's Economies after Market Fundam...

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Format:HardcoverDimensions:264 pages, 8.5 × 5.5 × 0.62 inPublished:January 15, 2007Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230018939

ISBN - 13:9780230018938

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Table of Contents

Preface--R.Ffrench-Davis & J.L.Machinea * Growth and Equity: In Search of the 'Empty Box' J.L. Machinea and O. Kacef * PART 1: RECENT SUCCESSFUL EXPERIENCES ON ECONOMIC DEVELOPMENT * What Produces Economic Success? D.Rodrik * Development Success: May History Breed Humility--W.Easterly * The Dual Divergence: Growth Successes and Collapses in the Developing World Since 1980--J.A.Ocampo & M.A.Parra * PART 2: INTERRELATIONS BETWEEN GROWTH AND EQUITY * Is Greater Equity Necessary for Higher Long-term Growth in Latin America? F.Bourguignon & M.Walton * Pro-Growth Social Policies in Latin America--M.Szekely * PART 3: FINANCIAL MARKET DEVELOPMENT FOR GROWTH AND THE CAPITAL ACCOUNT * Financial Development, Growth and Equity in Brazil--A.C.Pinheiro & R.Bonelli * Financial Globalization: From Crises-Prone to Development-Friendly? R.Ffrench-Davis * PART 4: TRADE FOR GROWTH * Trade and Growth: Why Asia Grows Faster than Latin America--M.R.Agosin * Trade and Growth: Past Experience and Perspectives for Latin America--M.de Paiva Abreu