Distribution and Growth in Latin America in an Era of Structural Reform: The Impact of Globalisation
Latin America has long had the most unequally distributed income in the world because of land ownership patterns, development and education policies and demography, which have swelled the supply of unskilled labour and demand for skilled workers, leading to widening inequality. Import substitution p...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2001
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| Schriftenreihe: | OECD Development Centre Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Latin America has long had the most unequally distributed income in the world because of land ownership patterns, development and education policies and demography, which have swelled the supply of unskilled labour and demand for skilled workers, leading to widening inequality. Import substitution produced high growth but also high inequality and led to a debt crisis. But globalisation reforms in the 1990s did not reduce inequality and sometimes increased it. Now, because of poor export performance, the priority is the tricky problem of how to boost the growth rate. The aim should be to absorb as much of the region's excess of unskilled labour as possible, especially through construction and agriculture. Growth with equity should also focus on supporting and investing in backward regions. But the long-term key is education, which will narrow skill differentials, reduce inequality and increase the growth rate ... |
| Beschreibung: | 1 Online-Ressource (34 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/632187765702 |
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| spelling | Morley, Samuel A... Verfasser aut Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation Samuel A. Morley Paris OECD Publishing 2001 1 Online-Ressource (34 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Development Centre Working Papers Latin America has long had the most unequally distributed income in the world because of land ownership patterns, development and education policies and demography, which have swelled the supply of unskilled labour and demand for skilled workers, leading to widening inequality. Import substitution produced high growth but also high inequality and led to a debt crisis. But globalisation reforms in the 1990s did not reduce inequality and sometimes increased it. Now, because of poor export performance, the priority is the tricky problem of how to boost the growth rate. The aim should be to absorb as much of the region's excess of unskilled labour as possible, especially through construction and agriculture. Growth with equity should also focus on supporting and investing in backward regions. But the long-term key is education, which will narrow skill differentials, reduce inequality and increase the growth rate ... Development https://doi.org/10.1787/632187765702 Verlag kostenfrei Volltext |
| spellingShingle | Morley, Samuel A.. Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation Development |
| title | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation |
| title_auth | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation |
| title_exact_search | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation |
| title_exact_search_txtP | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation |
| title_full | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation Samuel A. Morley |
| title_fullStr | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation Samuel A. Morley |
| title_full_unstemmed | Distribution and Growth in Latin America in an Era of Structural Reform The Impact of Globalisation Samuel A. Morley |
| title_short | Distribution and Growth in Latin America in an Era of Structural Reform |
| title_sort | distribution and growth in latin america in an era of structural reform the impact of globalisation |
| title_sub | The Impact of Globalisation |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/632187765702 |
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