José Antonio Ocampo, Jonathan Malagon, Andrés Felipe Narvaez

From Equity to Growth (eBook, ePUB)

Social Discontent in Developing Countries

• Format: ePub

Produktbeschreibung

In many emerging economies, impressive progress in reducing poverty has been overshadowed by persistent inequality and growing frustration with political elites. This widespread social discontent has driven governments to respond with short-term policies aimed at increasing equity that run the risk of jeopardizing long-term development. Is it possible to build fairer societies without undermining economic growth?

From Equity to Growth explores this dilemma, offering new perspectives on one of the defining challenges of the era. Combining economic theory, political analysis, and real-world case studies, the book contrasts two potential outcomes. In one, poorly designed redistributive policies distort markets, weaken institutions, and trap countries in middle-income stagnation. In the other, well-crafted equity strategies boost investment, strengthen institutional trust, and spur sustainable development.

Rejecting simplistic binaries between equity and growth, the authors argue that inclusive development is not only possible but essential. They highlight specific policy choices that can reconcile social demands with macroeconomic stability, providing a road map to escape the middle-income trap without sacrificing fairness. Clear, timely, and rigorous, From Equity to Growth offers both a diagnosis of many countries' current predicament and a hopeful vision of how to move forward.

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Produktdetails

• Verlag: Columbia University Press
• Seitenzahl: 248
• Erscheinungstermin: 9. Juni 2026
• Englisch
• ISBN-13: 9780231564441
• Artikelnr.: 75987789

Autorenporträt

José Antonio Ocampo is a professor of professional practice and codirector of the Economic and Political Development Concentration at Columbia University's School of International and Public Affairs. He previously served as United Nations undersecretary general for economic and social affairs and minister of finance of Colombia, among other prominent roles.

Jonathan Malagón is the president and CEO of the Colombian Banking and Financial Institutions Association (Asobancaria) and the former minister of housing, cities, and sanitation of Colombia. He is an adjunct associate professor at Columbia University's School of International and Public Affairs.

Andrés Narváez is the director of economics at PRIME Business School in Bogotá and a professor of microeconomics at the National University of Colombia. He has served as advisor to Colombia's minister of housing and the president of Asobancaria.

Michelle Bachelet Jeria is the former president of Chile and former United Nations high commissioner for human rights.