Del i serien Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization

From Equity to Growth

Nyhet

Social Discontent in Developing Countries

Inbunden, Engelska, 2026

AvJosé Antonio Ocampo,Jonathan Malagon,Andrés Felipe Narvaez

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In many emerging economies, impressive progress in reducing poverty has been overshadowed by persistent inequality and growing frustration with political elites. This widespread social discontent has driven governments to respond with short-term policies aimed at increasing equity that run the risk of jeopardizing long-term development. Is it possible to build fairer societies without undermining economic growth?From Equity to Growth explores this dilemma, offering new perspectives on one of the defining challenges of the era. Combining economic theory, political analysis, and real-world case studies, the book contrasts two potential outcomes. In one, poorly designed redistributive policies distort markets, weaken institutions, and trap countries in middle-income stagnation. In the other, well-crafted equity strategies boost investment, strengthen institutional trust, and spur sustainable development.Rejecting simplistic binaries between equity and growth, the authors argue that inclusive development is not only possible but essential. They highlight specific policy choices that can reconcile social demands with macroeconomic stability, providing a road map to escape the middle-income trap without sacrificing fairness. Clear, timely, and rigorous, From Equity to Growth offers both a diagnosis of many countries’ current predicament and a hopeful vision of how to move forward.

Produktinformation

Utgivningsdatum2026-06-23
Mått152 x 229 x undefined mm
FormatInbunden
SpråkEngelska
SerieInitiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
Antal sidor256
FörlagColumbia University Press
ISBN9780231222914

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José Antonio Ocampo is a professor of professional practice and codirector of the Economic and Political Development Concentration at Columbia University’s School of International and Public Affairs. He previously served as United Nations undersecretary general for economic and social affairs and minister of finance of Colombia, among other prominent roles.Jonathan Malagón is the president and CEO of the Colombian Banking and Financial Institutions Association (Asobancaria) and the former minister of housing, cities, and sanitation of Colombia. He is also an adjunct associate professor at Columbia University’s School of International and Public Affairs.Andrés Narváez is the director of economics at PRIME Business School in Bogotá and a professor of microeconomics at the National University of Colombia. He has served as advisor to Colombia’s minister of housing and the president of Asobancaria.Michelle Bachelet Jeria is the former president of Chile and former United Nations high commissioner for human rights.

Amid the complexities of the global political landscape and current social unrest, this book offers a timely and insightful exploration of the intricate interplay between economic growth and social well-being. Drawing on compelling empirical evidence and theoretical insights, the authors present urgently needed ideas on how to move beyond the false dichotomy between entrepreneurial activity and equity. This work, a must-read for policymakers, academics, and concerned citizens alike, provides a revealing roadmap for building a more resilient and equitable global economy.