Can growth and equity go hand in hand? / Joseph Ramos.

Format:

Book

Government document

Author/Creator:

Ramos, Joseph, author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (12 pages)

Contained In:

CEPAL Review Vol. 1995, no. 56, p. 13-24 1995:56<13 16840348

Place of Publication:

New York : United Nations, 1995.

System Details:

data file

Summary:

This article presents the issue in the context of the theoretical and empirical debate, started by Kuznets, on the possibility of achieving growth with equity. The conclusion is that there is no inevitable conflict between these two goals, provided that economic policy promotes the areas of complementarity between growth and equity. It therefore rejects the approaches which assume that there is an insoluble conflict between these objectives, such as the "trickle-down" theory (which stoically accepts that such a conflict exists and proposes that those affected should wait as long as is necessary for their situation to improve) and the contrasting "parallel" approach (which suggests that growth should be sacrificed in favour of equity, with social policy being entrusted with the correction of the worst distributive effects of economic policy).

Notes:

Title from title screen (viewed May 1, 2017).

Access Restriction:

Restricted for use by site license.