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Are the Principles and Practices of Pure Economic Liberalism Able to Secure an Equal International Economic Development?

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Are the Principles and Practices of Pure Economic Liberalism Able to Secure an Equal International Economic Development?
Table of Contents

References & List Of Figures 4
Introduction 5
Economic Neo-Liberalism 5-6
Democracy and Economic Development 6-7
Economic Inequality 7-8
Pros & Cons of Income Inequality 8-9
The Example of Latin America 9-10
Economic Liberalism in a Nutshell 10-11
Conclusion 11-12

Reference List

1) Almond, Gabriel A. and Sidney Verba. 1963. The Civic Culture: Political
Attitudes and Democracy in Five Nations. Princeton: Princeton University -Press.
2) Brady, Henry E. 2004. An Analytical Perspective on Participatory Inequality and Income Inequality. In Social Inequality. New York: Russell Sage Foundation
3) Brody, Richard A. 1978. The Puzzle of Political Participation in America.
In The New American Political System, ed. Antony King. American Enterprise Institute
4) Burns, Nancy, Kay Lehman Schlozman and Sidney Verba. 2001. The Private
Roots of Public Action: Gender, Equality, and Political Participation. Cambridge: Harvard University Press
5) Deininger, Klaus and Lyn Squire. 1996. “A New Data Set Measuring Income
Inequality.” World Bank Economic Review
6) Freeman, Richard B. 2004. What, Me Vote? In Social Inequality. New York:
Russell Sage Foundationw 10(3)
7) Ffrench-Davis, Ricardo, 1993. Economic Development and Equity in Chile: Legacies and Challenges in the Return to Democracy. Institute of Development Studies

List Of Figures
Fig.1: Differences in National Income Equality around the World Measured by the National Gini Coefficient, drawn by: http://en.wikipedia.org/wiki/List_of_countries-_by_income_equality 8

Introduction

Economic liberalism has been a controversial issue for the last decades and more specifically since 1970. The bright example of Latin America marked that period during which the Chile Chicago Boys experimented in the economic liberalism. This was then considered to be a miracle of the economy and it was a rather significant development from many aspects and not only



References: 2) Brady, Henry E. 2004. An Analytical Perspective on Participatory Inequality and Income Inequality 3) Brody, Richard A. 1978. The Puzzle of Political Participation in America. Russell Sage Foundationw 10(3) 7) Ffrench-Davis, Ricardo, 1993

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