Equity, growth and insurrection : liberalisation and the welfare debate in contemporary Sri Lanka / David M. Dunham, Sisira K. W. Jayasuriya
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- 1-86446-171-3
- 330.95493
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F 330.9497 W 15023 F The political economy of the Yugoslav revolution | F 330.952 M 20218 Japón y el capitalismo liberal / | F 330.952 N 15861 F La evolución económica del Japón y su impacto en América Latina | F 330.95493 D 19526 Equity, growth and insurrection : liberalisation and the welfare debate in contemporary Sri Lanka / | F 330.9561 K 16305 F Turkey : trade reforms in the 1980s | F 330.9597 V 20507 F Are returns to investment lower for the poor? : | F 330.968 L 16032 F Economic policies for a new South Africa |
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Protagonists in the 1980s' debate on equity and growth in Sri Lanka claimed to show that economic liberalization could deliver growth without jeopardizing equity, and the main lesson that they drew from the Sri Lankan experience - that welfarism should be abandoned - helped to reinforce neoliberal policy reforms of the Washington institutions. This paper shows that their conclusions were heavily dependent on the time frame employed and on the concept of welfare and inequality that was utilized, and that they seriously underestimated the importance of state welfare expenditure in buying social peace. Perceived relative inequality is seen to have increased remarkably, perceptions magnifying objective changes in distribution that coincided with the withdrawal of public support systems.
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