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No Growth without Equity? - Inequality, Interests, and Competition in Mexico (Paperback, New)
Loot Price: R1,522
Discovery Miles 15 220
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No Growth without Equity? - Inequality, Interests, and Competition in Mexico (Paperback, New)
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Equity and growth are central concerns for development. They are
often treated as separate questions, both in economic and social
analysis and development policy. This separation is neither good
theory nor good practice. This book examines the relationship
between equity and growth in Mexico. The central thesis is that
Mexico's poor growth performance of the last twenty five years is
intimately linked to inequity. Specific inequalities in power,
wealth, and status have created and sustained economic institutions
and polices that both tend to perpetuate these inequalities and are
sources of inefficiencies and lack of dynamism in the economy. No
Growth without Equity? analyzes this thesis at two levels: first,
exploring the links between inequality, interests, and economic
growth; second, providing specific examples as to how rent-seeking
behavior in key sectors of Mexico's economy produce inefficiencies
that are a source of low growth and income concentration. Mexico's
growth problem is unlikely to be solved if these underlying
inequalities are not tackled; this has large implications for
policy design.
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