"The essays in this book propose new ways of reducing inequality, not by growth-inhibiting transfers and regulations, but by enhancing efficiency--eliminating consumption subsidies for the wealthy, increasing the productivity of the poor, and shifting to a more labor-and-skill-demanding growth path ... [They] draw on discussions at a conference sponsored by the IDB and the MacArthur Foundation, titled "Inequality-Reducing Growth in Latin America," held in Washington, D.C. in January 1997"--Foreword.

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