Year: 2024
Type: article
Abstract: In this paper we investigated the complex interplay between social equity and economic performance, focusing on the critical transition from policy formulation to practical implementation. Through an examination of various case studies and theoretical models, it demonstrates how policies aimed at enhancing social equity can serve as catalysts for robust economic growth. The analysis highlights key sectorssuch as education, healthcare, and labor marketswhere equitable interventions have led to measurable improvements in economic performance. Furthermore, the paper addresses the challenges inherent in translating equity-focused policies into practice, including issues of governance, institutional capacity, and the necessity for broad-based stakeholder engagement. By integrating these factors, the paper proposes a framework for policymakers to effectively balance the goals of social equity and economic development. It concludes with strategic recommendations for designing and implementing policies that not only promote fairness but also drive sustainable economic progress.
Author: Jiayi Gong
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4402952161