Distributive Justice and Economic Development: The Case of Chile and Developing Countries

Distributive Justice and Economic Development: The Case of Chile and Developing Countries

by Andres Solimano
     
 

ISBN-10: 0472110861

ISBN-13: 9780472110865

Pub. Date: 01/24/2000

Publisher: University of Michigan Press

The relationship between the process of creating wealth and distributing it has been a subject of great analytical and policy interest to development economists for many years. Is there an inevitable conflict, or tradeoff, between wealth creation and wealth distribution? Can both growth and social equity increase simultaneously? What role can public policy play to

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Overview

The relationship between the process of creating wealth and distributing it has been a subject of great analytical and policy interest to development economists for many years. Is there an inevitable conflict, or tradeoff, between wealth creation and wealth distribution? Can both growth and social equity increase simultaneously? What role can public policy play to affect growth-equity outcomes?

These questions are particularly salient both for Latin America, where inequality levels are among the highest in the world, and for developing countries in general. A key question is to what extent market-oriented reform, followed with great impetus in the 1990s in the developing and postsocialist world, is compatible with socially accepted patterns of distribution of income, wealth, and opportunities.

Part 1 provides the analytical-empirical perspective. Contributors explore alternative concepts of distributive justice and social equity and their links with macro policies, structural reform, and human development. Part 2 is written mainly by Chilean policymakers, who examine Chile's economic reform started in the 1970s under a military regime and continued in the 1990s by the democratic regime. They describe the process of very rapid economic growth matched by significant poverty reduction and persistent wealth and income inequality.

Such a theme requires a dialogue between professional economists, social thinkers, and policy practitioners both at the national and international levels. This book provides that dialogue on the issues of social equity, distributive justice, and economic development and will be important reading for development economists and Latin American scholars.

Andrés Solimano is Director of the Country Management Unit for Colombia, Ecuador, and Venezuela at the World Bank. Eduardo Ananat is Minister of Finance of Chile. Nancy Birdsall is Chief of Policy and Research, Population Health and Nutrition Department at the World Bank.

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Product Details

ISBN-13:
9780472110865
Publisher:
University of Michigan Press
Publication date:
01/24/2000
Series:
Development and Inequality in the Market Economy
Pages:
216
Product dimensions:
6.36(w) x 9.26(h) x 0.98(d)

Table of Contents

1Introduction and Synthesis1
Pt. IEquity, Growth, and Development: Theory and International Evidence
2Beyond Unequal Development: An Overview17
3Equity and Growth in Developing Countries: Old and New Perspectives on the Policy Issues37
4Stabilization, Adjustment, and Human Development66
5Fiscal Policy and Income: Distribution84
6Growth and Inequality: Do Regional Patterns Redeem Kuznets?98
Pt. IISocial Policies and Income Distribution in a Rapid-Growth Setting: The Case of Chile
7Economic Growth, Social Equity, and Globalization: The Chilean Case119
8Distribution and Poverty in Chile Today: Have We Gained or Lost Ground?127
9Economic Growth, Fiscal Policy, and Social Impact in Chile155
10Educational Reform in Chile168
11The Labor Market, Growth, and Equity in Chile176
12Social Policy under the Frei Administration184
Contributors195
Index197

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