Asset accumulation by the middle class and the poor in Latin America: political economy and governance dimensions

cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 65(55/2006)
cepal.callNumberLC/L.2649-P
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.docTypeSeries
cepal.idSade27896
cepal.jobNumberS0600971 E
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber06.II.G.176
cepal.topicEngINTERNATIONAL COOPERATION
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngSOCIAL POLICIES AND PROGRAMMES
cepal.topicEngSOCIAL PROTECTION
cepal.topicSpaCOOPERACIÓN INTERNACIONAL
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaPOLÍTICAS Y PROGRAMAS SOCIALES
cepal.topicSpaPROTECCIÓN SOCIAL
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
cepal.workareaSpaDESARROLLO SOCIAL
dc.contributor.authorSolimano, Andrés
dc.contributor.entityNU. CEPAL. División de Desarrollo Económico
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T16:11:57Z
dc.date.available2014-01-02T16:11:57Z
dc.date.issued2006-12
dc.descriptionIncludes bibliography
dc.description.abstractAs Latin America is currently living a period (2004-2006) of accelerated economic growth led by booming commodity prices, it is a good time to address some important long term features of the Latin American economy and society that have been traditionally inimical to stable and sustained development. Recent literature on the relationship between growth, inequality, democracy and development highlights, based both on analytical models and historical data, that at the root of the problems of economic instability and the fragility of democracy lies a combination of often slow growth and distributive conflict in unequal societies. The problem is compounded by the traditional difficulties to ensure adequate governance mechanisms that mediate in the distribute conflict in ways that are favorable to both growth and stability. This paper highlights missing components of current social policies in Latin America that affect the political-economy equilibrium: in particular, the neglect of the middle class as valid subject of social policy, the persistence of income and wealth inequality in a context of moderate growth and the need to put more emphasis on asset accumulation by the poor and the middle class. The paper provides economic and political economy rationales for devising new policies that could correct this neglect.
dc.formatTexto
dc.format.extent27 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9789211216202
dc.identifier.unSymbolLC/L.2649-P
dc.identifier.urihttps://hdl.handle.net/11362/5422
dc.language.isoeng
dc.physicalDescription27 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Macroeconomía del Desarrollo
dc.relation.isPartOfSeriesNo55
dc.rights.coarDisponible
dc.subject.unbisEngCAPITAL ASSETS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngMIDDLE CLASS
dc.subject.unbisEngPOVERTY
dc.subject.unbisEngSOCIAL SECURITY
dc.subject.unbisEngWELFARE ECONOMICS
dc.subject.unbisSpaACTIVOS DE CAPITAL
dc.subject.unbisSpaCLASE MEDIA
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaPOBREZA
dc.subject.unbisSpaSEGURIDAD SOCIAL
dc.subject.unbisSpaECONOMIA DEL BIENESTAR
dc.titleAsset accumulation by the middle class and the poor in Latin America: political economy and governance dimensions
dc.type.coarlibro
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