Territorial Development in Latin America: A Long Term Perspective
Jorge Máttar () and
Luis Riffo ()
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Jorge Máttar: ILPES (Latin America and Caribe Institute of Economic and Social Planification), CEPAL
Luis Riffo: Researcher, Managing Regional and Local Development, ILPES – CEPAL
Chapter Chapter 3 in Regional Problems and Policies in Latin America, 2013, pp 43-68 from Springer
Abstract:
Abstract It is a well-known fact that Latin America is the world region with the greatest inequalities in the various dimensions associated to development; economic (income), production, employment, social and territorial. Inequality, in its various forms, reinforces each other, and in the absence of public policy intervention, it is unlikely that these gaps that have characterized the region for decades will be reduced (ECLAC, Time for Equality. Opening paths, closing gaps 2010). This insight may explain why the development agendas of many countries of the region are aimed at reducing such disparities. Furthermore, these disparities could be a barrier to long-term growth of national economies. High levels of income inequality usually go hand-in-hand with stark differences in terms of organization and socio-spatial disparities. The current configuration of continental socio-spatial disparities was consolidated when industrialization processes began to develop around the early 1940s which as a result, led to accelerating urbanization and a growing rural–urban gap in terms of living conditions. At the same time, it also accelerates the economic and demographic concentration in a few parts of the country.
Keywords: Gross Domestic Product; National Average; Import Substitution; Debt Service; Territorial Development (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-39674-8_3
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DOI: 10.1007/978-3-642-39674-8_3
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