Published 2007 by Massachusetts Institute of Technology, Dept. of Economics in Cambridge, MA .
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Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic growth in general, but also that differences in economic inequality across the American continent during the 19th century are responsible for the radically different economic performances of the north and south of the continent. In this paper we investigate this hypothesis using unique 19th century micro data on land ownership and political office holding in the state of Cundinamarca, Colombia. Our results shed considerable doubt on this consensus. Even though Cundinamarca is indeed more unequal than the Northern United States at the time, within Cundinamarca municipalities that were more unequal in the 19th century (as measured by the land gini) are more developed today. Instead, we argue that political rather than economic inequality might be more important in understanding long-run development paths and document that municipalities with greater political inequality, as measured by political concentration, are less developed today. We also show that during this critical period the politically powerful were able to amass greater wealth, which is consistent with one of the channels through which political inequality might affect economic allocations. Overall our findings shed doubt on the conventional wisdom and suggest that research on long-run comparative development should investigate the implications of political inequality as well as those of economic inequality.
|Statement||Daron Acemoglu ... [et al.].|
|Series||Working paper series / Massachusetts Institute of Technology, Dept. of Economics -- working paper 07-22, Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 07-22.|
|Contributions||Bautista, Mara̕ Angľica, Querubn̕ Borrero, Pablo, Robinson, James A., 1960-, Massachusetts Institute of Technology. Dept. of Economics|
|The Physical Object|
|Pagination|| leaves, 42,  p. :|
|Number of Pages||42|
Download Economic and political inequality in development
Economic inequality Economic and political inequality in development book be a natural consequence of the wide range in individual skill, talent and effort in human population. David Landes stated that the progression of Western economic development that led to the Industrial Revolution was facilitated by men advancing through their own merit rather than because of family or political.
The political dimension of inequality during economic development Denis Cogneau 1/ A brief history of economic inequality as politically determined In late 17th and 18th century Europe, thinkers of the Enlightenment developed a view of inequality as being a political phenomenon and not a purely natural one.1 Doing this, they.
E. Wayne Nafziger analyzes the economic development of Asia, Africa, Latin America, and East-Central Europe. The book is suitable for those with a background in economics principles. Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa.
A host of studies have sought to explain differences among affluent democracies, trends in inequality with development, and global inequalities of between and within country trends.
Scholars have compared inequality across countries, across cities, provinces and regions, across history, and pooled historical and spatial variations as by: Redefining Capitalism in Global Economic Development reconsiders capitalism by taking into account the unfolding forces of economic globalization, especially in Asian economies.
It explores the economic implications and consequences of recent financial crises, terrorism, ultra-low interest rates that are decades-long, debt-prone countries and. INEQUALITY AND ECONOMIC GROWTH Joseph Stiglitz Introduction In the middle of the twentieth century, it came to be believed that ‘a rising tide lifts all boats’: economic growth would bring increasing wealth and higher living standards to all sections of society.
At. The book considers the patterns of inequality, the processes that cause it, the problems that result and the public policies that could reform it, given the political will to act. It is a work of committed scholarship, setting out to cooly consider the issues, the evidence and the competing currents of analysis, leading to the development of.
Inequality and economic development in Brazil (English) Abstract. This study addresses three questions: why do inequalities matter for Brazil's development. Why does Brazil occupy a position of very high inequality in the international community. And, What should public policy do Cited by: Book Spatial Inequality and Development.
as well as most other developing and transition economies, spatial and regional inequality - of economic activity, incomes, and social indicators - is on the increase. Spatial inequality is a dimension of overall inequality, but it has added significance when spatial and regional divisions align.
Development theory, cluster of research and theories on economic and political development. The emergence of development theory.
The use of the term development to refer to national economic growth emerged in the United States beginning in the s and in association with a key American foreign policy concern: Economic and political inequality in development book to shape the future of the newly independent states in ways that would ensure.
Instead, we argue that political rather than economic inequality might be more important in understanding long-run development paths and document that municipalities with greater political inequality, as measured by political concentration, are less developed today.
The political economy approach, developed by Alesian and Rodrik ) and Persson and Tabellini (), argues that inequality is harmful for economic development because inequality generates a pressure to adopt redistributive policies that have an adverse effect on investment and economic growth.
Economic and Political Inequality in Development: The Case of Cundinamarca, Colombia Daron Acemoglu, María Angélica Bautista, Pablo Querubín, James A. Robinson. NBER Working Paper No. Issued in June NBER Program(s):Development of the American Economy, Political Economy.
Is inequality harmful for economic growth. The book draws on a wealth of empirical information from around the world, with particular attention to Botswana. It elaborates a theory of the political economy of adult education in the context of development and demonstrates the applicability of this theoretical framework, including its usefulness in generating appropriate research : Youngman, Frank.
The other is to fail in untying the political knot that blocks growth, leaving it a middle-income country. The source of his contrasting futures for Brazil is inequality, which he demonstrates is a relevant variable in any discussion of economic growth. Inequality illuminates causes of seemingly-unconnected problems.
The book reveals how inequality is the price we pay for our economic well-being and that material wealth is inextricably linked to the origin of the state.
Specific forms of political obligation are shaped by how societies balance the tension produced by shifts in military technology and how they are harnessed by political by: Economic Development, Inequality, and War fills a void in the scholarly literature on humanitarian emergencies and conflict, and hence challenges assumptions of policy makers charged with addressing these emergencies.
This book offers a comprehensive, rich, and insightful explanation of the root causes of internal conflicts. The work of economist Thomas Piketty, in particular his Capital in the Twenty-First Century, painstakingly documents the changing evolution of inequalities in income and wealth since the 18th century.
The part of the book that has received a great deal of attention focusses on rising inequality since the mids in industrial countries.
In this paper we investigate the inﬂuence of economic and political inequality on long-run development using microdata from the state of Cundinamarca in Colombia.
Our focus is the critical period of development in the late 19th century when Latin American economies began to grow and integrate with the world market. Thomas Piketty's Capital in the Twenty-First Century showed that capitalism, left to itself, generates deepening inequality.
In this audacious follow-up, he challenges us to revolutionize how we think about ideology and history, exposing the ideas that have sustained inequality since premodern times and outlining a fairer economic system. Degrowth “does not call for doing less of the same,” as the editors of the first comprehensive book on the movement make clear.
“The objective is not to make an elephant leaner, but to turn an elephant into a snail.” They call for a radically different political-economic system needed to preserve the environment and improve well-being.
Terrorism, Economic Development, and Political Openness - edited by Philip Keefer February Email your librarian or administrator to recommend adding this book to your organisation's collection. Terrorism, Economic Development, and Political Openness.
“ Economic Development, Inequality, War, and State Violence.”. Defining the concept economic development Economic development requires improved competitiveness and employment creation across many sectors of the economy.
Economic development is the sustained increase in income of all members of society so as to be free from material want. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism.
He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Beyond economic growth: meeting the challenges of global development (English) Abstract. This book is designed primarily to help readers broaden their knowledge of global issues, gain insight into their country's situation in a global context, and understand the problems of sustainable development both national and by: The other is to fail in untying the political knot that blocks growth, leaving it a middle-income country.
The source of his contrasting futures for Brazil is inequality, which he demonstrates is a relevant variable in any discussion of economic. Development, 49 / Ancient and Medieval Economic Growth, 50 / World Leaders in Gross Domestic Product Per Capita, to the Present, 51 / Beginnings of Sustained Economic Growth, 52 / The West and Afro–Asia: The Nineteenth Century and Today, 53 / Capitalism and Modern Western Economic Development, 53 / Economic Modernization inFile Size: KB.
economic development reduces poverty, the condition of women improves on two counts: first, when poverty is reduced, the condition of everyone, including women, improves, and second, gender inequality declines as poverty declines, so the condi-tion of women improves more than that of men with development.
Economic devel. First posted 18 January ; last updated: 8 February I keep getting asked for survey-type books/articles on the economic history of particular regions or countries. In the list below, as much as possible, I stick to works of economic history with a stress on country and regional knowledge, not topical or thematic specialisation.
6 IPPR Political inequality: Why British democracy must be reformed and revitalised. political inequality, before examining a critical manifestation of it in the UK today: unequal electoral participation rates and perceptions of democratic efficacy by class and age-group.
Katerina Vrablikova, of the University of Bath, UK, recently presented a paper, “Economic Hardship, Politicization and Protest in Western Democracies,” at the Politics and Inequality conference held in Warsaw, Poland.
Since FallKateřina Vráblíková has been a senior lecturer in Politics at the Department of Politics, Languages and International Studies at the University of Bath. Democracy before Athens / Kenneth A. Bollen and Pamela M. Paxton --Environmental influences on democracy: aridity, warfare, and land inequality / Manus I.
Midlarsky and Elizabeth Midlarsky --Democracy and proto-modernity: technoecological influences on the growth of political and civil rights / Edward Crenshaw --Inequality and democracy in the.