MACMILLAN No Growth Without Equity?: Inequality, Interests, and Competition in Mexico

Product Description 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. Book Description The central thesis is that Mexico's poor growth performance over the last twenty five years is intimately linked to inequity About the Author MICHAEL WALTON is Visiting Senior Fellow, Centre for Policy Research, Delhi, and a Lecturer in International Development at Harvard University's Kennedy School of GovernmentSANTIAGO LEVY is Vice President for Sectors and Chief Economist for the Inter-American Development Bank. He was General Director of the Instituto Mexicano del Seguro Social from 2000 to 2005