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On the Convergence of Efficiency and Equity via Neoclassical Prescriptions

Bibliographic Data

ID4547528
AuthorsWilliam Ascher (0000-0003-4570-7870, Duke University, corresponding author)
Year1989
Volume31
Issue1-2
Pages49-62
Publication date1989-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Interamerican Studies and World Affairs (JOURNAL)
Journal identifiersISSN: 0022-1937 • E-ISSN: 2162-2736
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/165910
OpenAlexW2782871837
LanguageEN
References cited11

The most exciting prospect in Latin American political economy and public policy is the possibility of pursuing the objectives of equity and efficiency through the same neoclassical policy instruments. In light of conventional views, this convergence is remarkable, perhaps even shocking. We often juxtapose efficiency and equity, along with the ideological positions associated with each. It is common to link Leftist political approaches both to statism and to progressive income distribution, thereby linking statism to progress

Economic system · Economics · Equity (law) · Ideology · Latin Americans · Left-wing politics · Political economy · Political science · Politics · Statism · Economic Theory and Policy · Law

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