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Varieties of capitalism, growth and redistribution in Asia and Latin America

Author

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  • Ilan Bizberg

Abstract

Both Latin America and Asia observed an impressive growth of their economies from the turn of the century until 2013. One of the differences between Asia and Latin America is that while redistribution and social security increased significantly in the second and growth was accompanied by reduced inequality, in Asia we have seen the contrary, increasing inequality, a more inefficient and decreasing social protection and no intent to redistribute. This paper wants to answer in what respects the mode of development of Asia, as characterized mainly by China, is more sustainable than the one followed by Latin America. JEL Classification: P5.

Suggested Citation

  • Ilan Bizberg, 2018. "Varieties of capitalism, growth and redistribution in Asia and Latin America," Brazilian Journal of Political Economy, Center of Political Economy, vol. 38(2), pages 261-279.
    • Handle: RePEc:ekm:repojs:v:38:y:2018:i:2:p:261-279:id:68
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/68/61
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    Cited by:

    1. Campos, Eduardo Lima & Cysne, Rubens Penha, 2021. "Estimating debt limits for emerging countries," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 836-855.

    More about this item

    Keywords

    Diversity of capitalisms; Latin America; Asia; redistribution; sustainability;
    All these keywords.

    JEL classification:

    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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