The Inefficiency of Inequality
Thirty-Seventh Session of Eclac (Havana, 7-11 May 2018)
Herausgeber: United Nations Publications
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Inequality is inefficient because it hinders learning, productivity, innovation and growth. Equality is, then, not only an ethical principle inherent to development, but also a key tool for achieving it. This document examines the mechanisms by which inequality erodes dynamic efficiency in the Latin American and Caribbean economies.
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