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appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10010314955
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10010315083
-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. …
Persistent link: https://www.econbiz.de/10010280191
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed … (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with …
Persistent link: https://www.econbiz.de/10005076936
The median voter hypothesis is important to endogenous growth theories because it provides the political mechanisms through which voters in more unequal countries re-distribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But...
Persistent link: https://www.econbiz.de/10005079521
Thepaper studies regional (spatial) inequality in the five most populous countries in the world: China, India, the … entities with substantial economic autonomy. Two types of regional inequalities are considered: Concept 1 inequality, which is … inequality between mean incomes (GDP per capita) of states/provinces, and Concept 2 inequality, which is inequality between …
Persistent link: https://www.econbiz.de/10005079623
The Polish stabilization program implemented in 1990 as part of the transition to capitalism entailed unexpectedly high social costs. The often unstated assumptions had been that since central planning was intrinsically inefficient, stabilization in Poland might be less costly in terms of lost...
Persistent link: https://www.econbiz.de/10005079741
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as … inequality for 14 ancient, pre-industrial societies using what are known as social tables, stretching from the Roman Empire 14 AD … applies two new concepts in making those assessments - what the authors call the inequality possibility frontier and the …
Persistent link: https://www.econbiz.de/10005079744
High inequality in Africa is something of a paradox: Africa should be a low-inequality continent according to the … widely shared. The author's hypothesis is that African inequality is politically determined. Yet in the empirical analysis …, despite the introduction of several political variables, there is still an inequality-increasing"Africa effect"linked to …
Persistent link: https://www.econbiz.de/10005080153