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Item Details
Title: WELFARE, INEQUALITY, AND RESOURCE DEPLETION
A REASSESSMENT OF BRAZILIAN ECONOMIC GROWTH
By: Mariano Torras
Format: Paperback

List price: £51.99
Our price: £46.79
Discount:
10% off
You save: £5.20
ISBN 10: 1138264180
ISBN 13: 9781138264182
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 31 October, 2016
Series: Alternative Voices in Contemporary Economics
Synopsis: This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 1965 -1998 period. The book's findings cast significant doubt on the proposition that rapid economic growth in Brazil has resulted in comparable welfare gains. The evidence presented more generally illustrates the often unsustainable nature of rapid GDP growth phases, as well as the general unreliability of GDP growth as an indicator of well-being improvement. The specific policy implication is that Brazil should discontinue - or at least severely curtail - the regressive and resource intensive economic policies it has followed in recent decades in the interest of welfare improvement not only for the poorer groups in society, but for future generations of Brazilians as well.
Publication: UK
Imprint: Routledge
Returns: Returnable
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