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Un modelo estructuralista de desarrollo sostenible

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  • Gabriel Porcile

    (Economic Commission for Latin America and the Caribbean – ECLAC)

Abstract

This paper presents a simple analytical framework that combines the three dimensions of sustainable development: the economic dimension (competitiveness based on technical progress and productive diversification), social (a significant fall in inequality) and environmental (decoupling growth from emissions). The point of departure is a structuralist model of BOPconstrained growth; it is discussed how structural transformation relates to the functional distribution of income; and a center-periphery environmental frontier is proposed to define the space for growth in center and periphery that is compatible with reducing CO2 emissions. Sustainable development is attained when the BOP-constrained growth lies on the environmental frontier and equals the rate of growth required for curbing inequality. In addition, it is argued that there are no endogenous market forces that could lead to this convergence, and multiple equilibria are possible. The equilibrium eventually selected depends on institutions and on (domestic and foreign) actors’ political power.

Suggested Citation

  • Gabriel Porcile, 2021. "Un modelo estructuralista de desarrollo sostenible," Documentos de trabajo 67, Programa de Historia Económica, FCS, Udelar.
    • Handle: RePEc:ude:doctra:67
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    File URL: https://hdl.handle.net/20.500.12008/29457
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    More about this item

    Keywords

    sustainable development; BOP constrained growth; productive diversification; technical progress;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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