eBook

No growth without equity? : inequality, interests, and competition in Mexico

Levy, Santiago, Walton, Michael

2009

Overview

Equity and growth are central concerns for development in Mexico. Specific inequalities in income, power, wealth, and status create and sustain economic institutions and policies that perpetuate these inequalities and promote poor economic performace. 'No Growth without Equity? Inequality, Interests, and Competition in Mexico' presents a novel analysis showing why more equality is necessary to increase economic growth. The authors analyze the causes of persistent inequality and weak growth in Mexico, despite major changes associated with NAFTA and democratization, and draw implications for policy design. The book involves an innovative synthesis of work on overall links between equity and growth, and carefully grounded analysis in specific areas. The issues are of intense interest to policy debate in Mexico and to the development community in Latin America and elsewhere.

• Publisher: World Bank,Palgrave Macmillan,World Bank Publications,The World Bank,Washington, DC: World Bank and Palgrave Macmillan,Palgrave Macmillan [u.a.]
• Subject: Accounting / amortization / asset values / Average Earnings / balanced budget / Bank Credit / banking laws / banking sector / beneficiaries / Beneficiary / Bond Market / Bond Market Capitalization / Bonds / Capital Formation / capital markets / central bank / central bank independence / checks / collateral / collective action / Commercial Bank / Commercial Bank Credit / Commercial Loans / commitment device / competitive framework / Competitiveness / constant prices / Consumer / Consumer Price Index / Consumers / contribution / contribution system / credibility / credibility problems / current account / current account deficits / decentralization / Deposit / Deposit Money Banks / depreciation / Development Bank / Development Economics / domestic debt / Durable / Economic development / Economic development -- Mexico -- Congresses / economic inequality / economic liberalization / Economic Policies / economic recession / efficient investment / Einkommensverteilung / enforcement powers / Equilibrium / Exchange Commission / exchange rates / Expenditure / Expenditures / expropriation / external debt / external shocks / federal budget / finances / financial intermediation / Financial Performance / financial products / financial sector / financial services / Financial System / fiscal constraints / fiscal deficits / fiscal subsidies / Fixed Capital / foreign bank / foreign currency / foreign direct investment / foreign investors / Free Trade / GDP / GDP Per Capita / general public / global markets / globalization / government guarantees / government interventions / government policies / government regulation / government subsidies / gross domestic product / Gross Fixed Capital Formation / Gross National Product / health insurance / Household Expenditure / Household Income / human capital / Income distribution / Income distribution -- Mexico -- Congresses / income inequalities / Income Inequality / income taxes / Incomes / Increase in Incomes / independent judiciaries / individual account / individual accounts / inflation / information asymmetries / infrastructure development / infrastructure investments / instrument / insurance / insurance markets / interest rate / International Bank / International Development / international markets / international standards / investment choices / investment opportunities / issuance / judicial institutions / justice system / Labor Force / Labor Market / Labor Markets / lack of experience / lack of transparency / land titling / large business / large firms / Levy / LLC / long-term interest / low cost / low-income / lower incomes / macroeconomic crisis / macroeconomic management / macroeconomic mismanagement / Macroeconomic Policies / Macroeconomic stability / market distortions / market failures / market reform / Market Share / Market Value / Mathematics / Mexico / Mexiko / Minimum Wage / Monetary Fund / National Securities / Net Worth / oligopoly / Pension / pension funds / Pension reform / pension regime / Pension System / Pensions / Per Capita Income / Political Economy / POLITICAL SCIENCE / Portfolios / Present Value / Price Increases / Private Bank / private banks / Private Bond / Private Credit / private investment / private investments / private investors / private property / Probabilities / Probability / productive investments / Productivity / property rights / protection of investors / public banks / public budget / public finances / public goods / public investment / Public Spending / purchasing power / rapid growth / Rates of Return / regulatory framework / regulatory structures / remittances / rents / Retail Banks / retirement / retirement pensions / risk assessment / risk of expropriation / risk premium / rule of law / Salaries / sale / Savings / Self-Employment / Senior / Social Protection / Social Security / social service / Social Services / Stock Index / Stock Market / Stock Market Capitalizations / tax / tax collections / tax laws / tax rates / tax system / Telecommunications / Telecommunications Reform / Telephone Penetration / Termination / Trade Union / trading / Trusts / unemployment / Wages / Wealth / Wirtschaftswachstum / withdrawal / World Trade / World Trade Organization
• ISBN: 0821377698, 0821377671, 9780821377697, 9780821377673, 9780821377680, 082137768X