Welfare, Inequality, and Resource Depletion - A Reassessment of Brazilian Economic Growth (Hardcover, New Ed)

This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 1965 -1998 period. The book's findings cast significant doubt on the proposition that rapid economic growth in Brazil has resulted in comparable welfare gains. The evidence presented more generally illustrates the often unsustainable nature of rapid GDP growth phases, as well as the general unreliability of GDP growth as an indicator of well-being improvement. The specific policy implication is that Brazil should discontinue - or at least severely curtail - the regressive and resource intensive economic policies it has followed in recent decades in the interest of welfare improvement not only for the poorer groups in society, but for future generations of Brazilians as well.

General

Imprint:	Ashgate Publishing Limited
Country of origin:	United Kingdom
Series:	Alternative Voices in Contemporary Economics
Release date:	March 2003
First published:	2003
Authors:	Mariano Torras
Dimensions:	219 x 153mm (L x W)
Format:	Hardcover
Pages:	208
Edition:	New Ed
ISBN-13:	978-0-7546-3153-8
Categories:	Books > Business & Economics > Economics > Development economics Books > Earth & environment > The environment > Environmental economics > Sustainability Books > Earth & environment > The environment > Social impact of environmental issues > General
LSN:	0-7546-3153-2
Barcode:	9780754631538

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