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In well-functioning democracies, the policymaking process should in principle respond to persistent economic inequality … that elected representatives eventually supply through policies designed to alleviate inequality. Policymaking constraints … explanations for the continuing high inequality observed in the region. Countries with stronger democracies have adopted more …
Persistent link: https://www.econbiz.de/10014529758
Citizens political participation to protests is a crucial issue for any political system, whether democratic or autocratic. Political systems have different ways of dealing with citizens' protests, determining cost and benefit of public dissent, responding to public requests and allowing...
Persistent link: https://www.econbiz.de/10013383242
This working paper advances research on inequality with unique, new data on income distribution in 61 countries …
Persistent link: https://www.econbiz.de/10011290253
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helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …
Persistent link: https://www.econbiz.de/10014546295
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For many newly emerging jobs, labour-market mismatches prevail as workers and firms are unable to apply precise occupation taxonomies and training lags behind workforce needs. We report on how data can enable useful foresight about skill requirements and training needs, even when that data has...
Persistent link: https://www.econbiz.de/10013373060
This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … these more exogenous democratizations strongly indicates that democracy does not cause growth. Consequently, the common … positive association between democracy and economic growth is driven by endogenous democratization episodes (i.e., due to …
Persistent link: https://www.econbiz.de/10011521223
the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the … 1996 and 2006 experienced lower aggregate employment growth during the period than those that did not. A wide array of …
Persistent link: https://www.econbiz.de/10011544875