The productive area in the frame of a development with vocation of equality

Abstract

The recent financial crisis marks the end of a cycle of growth and prosperity, as well as a turning point in our concept of development. The equation between market, State and society, which prevailed for three decades, has shown itself unable to answer the global challenges. Equality of rights provides the normative framework and a basis for generating social pacts that should result in greater opportunities for the poor. The State should establish policies to boost growth, encourage productivity, promote territorial interconnectivity, foster better employment conditions, and provide public goods and social protection with a clear redistributive and universal vocation. This paper explores the macroeconomic, social, territorial and labor aspects. It addresses in particular changes in the structural and external gaps in order to support a dynamic and inclusive development. The State should implement public policies for industrial development, technological innovation, financing less productive sectors and promotion of small and medium enterprises. The latter require institutional transformation and special fiscal treatment.