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Asset accumulation by the middle class and the poor in Latin America : political economy and governance dimensions

Author: Andrés Solimano
Publisher: Santiago, Chile : Naciones Unidas, CEPAL, Economic Development Division, [2006]
Series: Serie Macroeconomía del desarrollo, 55.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Summary:
This paper highlights missing components of current social policies in Latin America that affect the political-economy equilibrium: in particular, the neglect of the middle class as valid subject of social policy, the persistence of income and wealth inequality in a context of moderate growth and the need to put more emphasis on asset accumulation by the poor and the middle class. The paper provides economic and  Read more...
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Details

Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Andrés Solimano
ISBN: 9789211216202 9211216206
OCLC Number: 144009707
Description: 27 pages : illustrations ; 28 cm.
Contents: Introduction --
Social protection and asset accumulation : evolution, complementarities and differences --
Asset distribution in Latin America --
Building blocks for better policies L growth, the middle class and asset accumulation --
Concluding remarks.
Series Title: Serie Macroeconomía del desarrollo, 55.
Responsibility: Andrés Solimano.

Abstract:

This paper highlights missing components of current social policies in Latin America that affect the political-economy equilibrium: in particular, the neglect of the middle class as valid subject of social policy, the persistence of income and wealth inequality in a context of moderate growth and the need to put more emphasis on asset accumulation by the poor and the middle class. The paper provides economic and political economy rationales for devising new policies that could correct this neglect.--Publisher's description.

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