Welfare, inequality and resource depletion : a reassessment of Brazilian economic growth / Mariano Torras.

This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 196...

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Bibliographic Details
Online Access: Full Text (via Taylor & Francis)
Main Author: Torras, Mariano, 1965-
Format: eBook
Language:English
Published: Aldershot, Hants, England ; Burlington, VT : Ashgate, ©2003.
Series:Alternative voices in contemporary economics.
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MARC

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245 1 0 |a Welfare, inequality and resource depletion :  |b a reassessment of Brazilian economic growth /  |c Mariano Torras. 
260 |a Aldershot, Hants, England ;  |a Burlington, VT :  |b Ashgate,  |c ©2003. 
300 |a 1 online resource (xii, 191 pages) :  |b illustrations. 
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504 |a Includes bibliographical references (pages 171-184) and index. 
520 |a This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 1965 -1998 period. The book's findings cast significant doubt on the proposition that rapid economic growth in Brazil has resulted in comparable welfare gains. The evidence presented more generally illustrates the often unsustainable nature of rapid GDP growth phases, as well as the general unreliability of GDP growth as an indicator of well-being improvement. The specific policy implication is that Brazil should discontinue - or at least severely curtail - the regressive and resource intensive economic policies it has followed in recent decades in the interest of welfare improvement not only for the poorer groups in society, but for future generations of Brazilians as well. 
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650 7 |a Sustainable development.  |2 fast  |0 (OCoLC)fst01139731. 
651 7 |a Brazil.  |2 fast  |0 (OCoLC)fst01206830. 
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