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This paper seeks to estimate the economic growth effect of constitutional provisions for property rights protection. It does so using the unique situation in formerly communist countries in Central and Eastern Europe and the Caucasus where all but two introduced new constitutions after the fall...
Persistent link: https://www.econbiz.de/10013111140
public safety at given own-income. Theown-income effect is nonlinear, such that inequality attenuates the aggregate concern …
Persistent link: https://www.econbiz.de/10011257266
paradigms and underpinnings from Solow-Swan & Boyce-Fofack-Ndikumana. The central argument presented is that the inequality … problem is at the heart of rational asymmetric development between rich and poor countries. Piketty has shown that inequality … African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal …
Persistent link: https://www.econbiz.de/10011200000
<p>Word searches of <em>Google</em>’s library of digitized books suggest that there have been two “Poverty Enlightenments†since 1700, one near the end of the 18th century and the second near the end of the 20th. The historical literature suggests that only the second came with a widespread...</p>
Persistent link: https://www.econbiz.de/10009224802
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
The 20th Human Development Report has introduced a new version of its famous Human Development Index (HDI). The HDI aggregates country-level attainments in life expectancy, schooling and income per capita. Each year's rankings by the HDI are keenly watched in both rich and poor countries. The...
Persistent link: https://www.econbiz.de/10008738813
There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of ‘globalization’. The paper views the issue through both ‘macro’ and ‘micro’ empirical lenses. The macro lens uses cross-country...
Persistent link: https://www.econbiz.de/10008752770