This chapter presents a discussion on the long-run income distribution and growth. Development economics began macro. If the whole economy changes structure during the course of development, then to understand the process one has to look at the economy as a whole. Increasing poverty and...

This collection of papers delivered at a seminar, moderated by André Lara Resende, in Rio de Janeiro, Brazil, addresses the issues considered pertinent to the consolidation of stability, the recovery of growth, and the process of stabilization undertaken in the aftermath of the inflationary...