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majority of people. The fundamental reason thereof is the blatant contradiction between the principle of democracy, promoting … the rule of law and thereby the welfare of people, and the indomitable tendency of rising and unsustainable inequality in … the essential of democracy. It could be a road to genuine reforms3 preventing a disaster caused by the sheer rejection of …
Persistent link: https://www.econbiz.de/10011588170
high levels of democracy are characterized by lower relative inequality. They also have the lowest ratio of the income … information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k …-medians clusters and arbitrary groups formed using only one measure, namely the liberal democracy index. Simple correlations with …
Persistent link: https://www.econbiz.de/10014290692
Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major … development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key … development aims. Still, an informed debate on the effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012432946
inequality and the emergence and stability of democratic political systems are connected. While early research in this domain has … generally does not suggest any conclusive results concerning economic inequality and the emergence of democracies, the survey … inequality, and it outlines the conditions for this to occur. However, additional research especially on some of the more …
Persistent link: https://www.econbiz.de/10012145429
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10011966802
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …
Persistent link: https://www.econbiz.de/10010264271
Countries with high income inequality also show a strong association between parents ́and childrenś economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of … economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011440819
Countries with high income inequality also show a strong association between parents' and children's economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of … economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011459537
national, state, and district-level figures for overall, within and between consumption inequality. We find an increase in … inequality in India but only since 2004. We also document an increase in between group (or horizontal) inequality over the entire … period. We then investigate the impact of ethnic fragmentation and public good provision on inequality. We hypothesize that …
Persistent link: https://www.econbiz.de/10011540190
Countries with high income inequality also show a strong association between parents' and children’s economic well … experiencing higher income inequality in childhood is associated with lower intergenerational mobility measured in adulthood …. Following the same methodology, the influence of economic growth and public education is evaluated: both are positively …
Persistent link: https://www.econbiz.de/10011932596