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INCOME DISTRIBUTION, GROWTH AND STRUCTURAL CHANGE IN THE TRADITION OF LATIN-AMERICAN STRUCTURALISM: A SYSTEMATIZATION

ABSTRACT

This article explores the contributions of Latin-American structuralist literature in relation to the internal dynamics between income distribution, growth, and structural change. Relying on primary and secondary literature, it organizes the main contributions in four groups: (i) “insufficient dynamics”; (ii) “styles of development”; (iii) “structural change with social equity”; and (iv) “integrated approach”. It concludes by selecting three main lessons for the current development thinking: the theoretical assumption of relative autonomy between the determinants of income distribution, growth, and structural change; the consideration of a broad analytical framework, which could be useful to indicate different development “styles”; and finally the defense of certain development “styles” that are socially desirable and that could guide the economic policies.

KEYWORDS:
development; structuralism; ECLAC; income distribution; growth

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