000 02462cam a2200265Ia 4500
020 _a0821362496 (ISBN10)
020 _a9780821362495 (ISBN10)
020 _a082136250X (eISBN)
020 _a9780821362501 (eISBN)
040 _cDJB
082 1 4 _a338 OXF 2005 A073 Or.
245 0 0 _aEquity and development
260 _aWashington, D.C. :
_bWorld Bank ;
_aNew York :
_bOxford University Press,
_cc2005
300 _axiv, 320 p. :
_bcol. ill., col. maps ;
_c27 cm
490 1 _aWorld development report,
500 _a"A copublication of The World Bank and Oxford University Press."
500 _a"This report has been prepared by a core team led by Francisco H.G. Ferreira and Michael Walton, and comprising Tamar Manuelyan Atinc ... [et al.]"--P. xiii
520 _aWorld Development Report 2006 analyzes the relationship between equity and development. The report documents the persistence of inequality traps by highlighting the interaction between different forms of inequality. It presents evidence that the inequality of opportunity that arises is wasteful and inimical to sustainable development and poverty reduction. It also derives policy implications that center on the broad concept of leveling the playing field-both politically and economically and in the domestic and the global arenas. The report recognizes the intrinsic value of equity but aims primarily to document how a focus on equity matters for long-run development. It has three parts: Part I considers the evidence on inequality of opportunity, within and across countries. Part II asks why equity matters, discussing the two channels of impact (the effects of unequal opportunities when markets are imperfect, and the consequences of inequity for the quality of institutions a society develops) as well as intrinsic motives. Part III asks how public action can level the political and economic playing fields. In the domestic arena, it makes the case for investing in people, expanding access to justice, land, and infrastructure, and promoting fairness in markets. In the international arena, it considers leveling the playing field in the functioning of global markets and the rules that govern them-and the complementary provision of aid to help poor countries and poor people build greater endowments
650 0 _aEquity
650 0 _aEconomic development
700 1 _aFerreira, Francisco H. G
700 1 _aWalton, Michael,
710 2 _aWorld Bank
942 _cEK
999 _c15063
_d15063