Red de Desarrollo Social de América Latina y el Caribe
Plataforma virtual para la difusión de conocimiento sobre desarrollo social

The Inefficiency of Inequality

 

Autor institucional : ECLAC
Autor/Autores: ECLAC
Fecha de publicación: Mayo 2018
Alcance geográfico: Latinoamericano
Publicado en: Chile
Descargar: Descargar PDF
Resumen: Consistently with the emphasis that the Economic Commission for Latin America and the Caribbean (ECLAC) has placed on equality since 2010, and in keeping with the purpose of leaving no one behind enshrined in the 2030 Agenda for Sustainable Development, this document examines the mechanisms by which inequality erodes dynamic inefficacy in the Latin American and Caribbean economies. It analyses and measures the productivity and income effects of unequal access to health and education, as well as the consequences of inequality of opportunities arising from gender-, race- or ethnicity-based discrimination. It also examines how these inequalities play out at the level of territory, infrastructure and urban dynamics, where their costs not only weigh on productivity, but also worsen energy inefficiencies and environmental degradation, thereby compromising the development possibilities of present and future generations. Inequality imposes constraints on innovation and creativity that are all the heavier because they are embedded within the culture of agents, which creates a culture of privilege in which many public goods and rights are not universal, but denied to much of the population. This weakens trust in social interactions and in democratic institutions.
   

 

 

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