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We examine the case of the Czech Republic, which has been frequently cited as one of the most successful cases of transition economies in Central and Eastern Europe (CEE). Despite the costs related to the break-up of Czechoslovakia in late 1992 and 1993, the immediate consequences were quickly...
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The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article specifies government.s stated target of halving...
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This paper establishes the principles which should govern the welfare and inequality analysis of heterogeneous income …. However, inequality and welfare comparisons will usually be well defined only if equivalent incomes are obtained using … constant scale factors; and researchers will need to distinguish clearly between inequality of nominal incomes and inequality …
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