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The inequality TRAP: why equity must be central to development policy

Finds considerable evidence that equity, conceptualized as equality of opportunity, is fundamental to societal prosperity. The existence of huge inequities is noted, along with the fact that inequity retards development. How this can be addressed in terms of expanding opportunities and reducing priv...

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Bibliographic Details
Published in:Finance & development 2005-12, Vol.42 (4), p.34-37
Main Authors: Ferreira, Francisco H.G, Walton, Michael
Format: Article
Language:English
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Summary:Finds considerable evidence that equity, conceptualized as equality of opportunity, is fundamental to societal prosperity. The existence of huge inequities is noted, along with the fact that inequity retards development. How this can be addressed in terms of expanding opportunities and reducing privileges is considered.
ISSN:0145-1707
0015-1947