Abstract

Does combining several arguments on the relationship between equity and growth yield new insight? Redistribution with growth, prominent in the 1970s, is currently being revisited. East Asian experiences can also be considered with a view to equity. Human development makes a strong case for combining equity and growth along the lines of human capital, but leaves the social dimension unexplored. Studies of welfare states add finesse to equity-growth arguments. Sociology of economics addresses questions of embeddedness, social capital, networks and trust, which are rarely considered in this context. By adding novel elements, this exercise seeks to arrive at a new overall perspective on social development.

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