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The inefficiency of inequality

- thirty-seventh session of ECLAC (Havana, 7-11 May 2018)

About The inefficiency of inequality

Inequality is inefficient because it hinders learning, productivity, innovation and growth. Equality is, then, not only an ethical principle inherent to development, but also a key tool for achieving it. This document examines the mechanisms by which inequality erodes dynamic efficiency in the Latin American and Caribbean economies.

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  • Language:
  • English
  • ISBN:
  • 9789211219906
  • Binding:
  • Paperback
  • Pages:
  • 255
  • Published:
  • August 30, 2018
  • Dimensions:
  • 275x210x24 mm.
  • Weight:
  • 598 g.
Delivery: 2-4 weeks
Expected delivery: October 24, 2024

Description of The inefficiency of inequality

Inequality is inefficient because it hinders learning, productivity, innovation and growth. Equality is, then, not only an ethical principle inherent to development, but also a key tool for achieving it. This document examines the mechanisms by which inequality erodes dynamic efficiency in the Latin American and Caribbean economies.

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