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between recruitment and training of elites and economic development. We show that there was a key shift at the turn of the … meritocracy became the basis for recruitment of elites. Although meritocratic selection should result in the best being chosen, we … show that meritocratic recruitment leads to class stratification and auto-recruitment. We analyze whether stratification …
Persistent link: https://www.econbiz.de/10013204728
elites is that meritocracy became the basis for their recruitment. Although meritocratic selection should result in the best … being chosen, we show that meritocratic recruitment actually leads to class stratification and autorecruitment. We analyze … the consequences of stratification resulting from meritocratic selection for the development of a country, and show that …
Persistent link: https://www.econbiz.de/10010261105
elites is that meritocracy became the basis for their recruitment. Although meritocratic selection should result in the best … being chosen, we show that meritocratic recruitment actually leads to class stratification and auto-recruitment. We analyze … the consequences of stratification resulting from meritocratic selection for the development of a country, and show that …
Persistent link: https://www.econbiz.de/10005406159
Being the largest economy in the Eurasian region, Russia's labor market affects economic performance and well-being in several former Soviet countries. Over the period 2000–2017, the Russian labor market survived several deep crises and underwent substantial structural changes. Major shocks...
Persistent link: https://www.econbiz.de/10012120569
The economic returns to education in transition countries have been extensively evaluated in the literature. The … present study contributes to this literature by estimating the returns to education in Georgia during the last transition … period 2000–04. We find very low returns to education in Georgia and little evidence of an increasing trend in the returns …
Persistent link: https://www.econbiz.de/10003996802
Transition economies have an initial condition of high human capital relative to GDP per capita. But they will not necessarily realize their latent high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family...
Persistent link: https://www.econbiz.de/10005677863
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012183996
The paper analyses the joint determinants of inequality and growth with a special emphasis on public spending structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major result of this paper. In terms of public spending items we...
Persistent link: https://www.econbiz.de/10012099900
Die MOEL verzeichneten 2007 erneut ein kräftiges Wirtschaftswachstum. In den neuen EU-Ländern in Mitteleuropa, deren Expansion primär durch die Re-Industrialisierung geprägt ist, war ein Anstieg der Beschäftigung zu beobachten. In den anderen MOEL wurde die Entwicklung jedoch vor allem vom...
Persistent link: https://www.econbiz.de/10012100185
Die mittel- und osteuropäischen Länder (MOEL) sind spätestens seit September 2008 von der Krise der Weltwirtschaft ebenfalls betroffen. Vor allem die Industrieproduktion und der Außenhandel leiden unter den Folgen des Nachfrageeinbruchs. Das reale BIP-Wachstum verlangsamte sich zunächst...
Persistent link: https://www.econbiz.de/10012100187