Showing 1 - 10 of 191
Over 1.8 billion people, from Central Europe to East Asia, have been involved in the great systemic transformation to market economy, civic society and democracy. The process has brought mixed fruits. The diversification of the current situation is a result of both the legacy from the past and...
Persistent link: https://www.econbiz.de/10008661244
In the former socialist redistributive economies, the transition to market economy and the conversion to private ownership followed different trajectories. The paper offers an overview on how a new class of grand bourgeoisie was formed in three different regions of the transition: Central...
Persistent link: https://www.econbiz.de/10008661801
-2005, examines correlates of unprecedented increases in inequality registered by most of these economies. We find that, after … infrastructure reform (mostly consisting of privatization and higher fees) are responsible for this pro-inequality effect while small … evidence that higher government spending as share of GDI reduces inequality. -- inequality ; transition ; economic policy …
Persistent link: https://www.econbiz.de/10008661804
Changes in the tax structure and category of taxes clearly matter when it comes to initiating tax policies. This paper employs data from a sample of 33 transitional countries over the period 1991-2014. It finds that, in a particular transitional country, the higher the national income, the...
Persistent link: https://www.econbiz.de/10011587046
In many low-income transition countries, where formal institutions such as courts do not function effectively, informal institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of relational contracting and social networks, in...
Persistent link: https://www.econbiz.de/10012216455
This paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 57 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit...
Persistent link: https://www.econbiz.de/10009565839
We provide annual estimates of inequality in monthly per capita household earnings in India over the period 2017/18 to … 2022/23 based on analysis of India's Periodic Labour Force Surveys. Over the six years, the estimate of inequality as ….7 per cent. Our analysis suggests that inequality will start declining only when India's urbanization rate is in the region …
Persistent link: https://www.econbiz.de/10015358355
Seven decades ago, Simon Kuznets put forward the hypothesis that as economies developed, national inequality would … of inequality, and the metaphor of an inverse U-shape is extended beyond its original realm of national inequality. With …
Persistent link: https://www.econbiz.de/10015419986
Kuznets predicts an economy's return to low inequality once structural transformation has peaked. I explore some … headwinds to falling inequality in developing countries given their thorough engagement in the globalized market Kuznets could …
Persistent link: https://www.econbiz.de/10015408786
According to the Kuznets hypothesis, inequality first tends to increase and then decrease as a country develops … development and income inequality for decades. In this paper we investigate whether a similar relationship holds between national … income per capita and inequality of opportunity: the inequality associated with inherited individual circumstances such as …
Persistent link: https://www.econbiz.de/10015395472