info:eu-repo/semantics/article
Inequality as a constraint on growth in Latin America
La desigualdad como una limitación para el crecimiento en América Latina;
A desigualdade como limitação ao crescimento na América Latina
Autor
Birdsall, Nancy
Ross, David
Sabot, Richard
Institución
Resumen
This paper analyzes various ways in which inequality affects and restricts economic growth in Latin America. The weight of inequality is shown in econometric terms, and several relationships between inadequate educational performance, high inequality, and slow growth in Latin America are established. The paper focuses on the different ways in which low inequality can stimulate growth. lt extracts conclusions from the comparative experiences in Latin America and East Asia. which, contrary to conventional wisdom, show that inequality in income and education has a negative impact on economic growth. Relação entre eqüidade e crescimento. Comparação entre as experiências da América Latina e do Leste asiático. Razões pelas quais a desigualdade parece ser um fator independente que limita o crescimento na América Latina.
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