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Persistent link: https://www.econbiz.de/10003841635
The Association of Southeast Asian Nations (ASEAN) is highly diverse. It is also divided. The most striking example is the development divide that separates ASEAN's newer members of Cambodia, the Lao People's Democratic Republic, Myanmar, and Viet Nam - the CLMV countrie - from the...
Persistent link: https://www.econbiz.de/10009697232
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011454086
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … links between inequality and informality because badly designed informality-reducing policies may increase inequality …
Persistent link: https://www.econbiz.de/10011665024
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011536688
Persistent link: https://www.econbiz.de/10009660887
This paper examines inequality patterns in the 1990s in Poland, Russia and Hungary. We consider three different … definitions of income and analyse the contributions to inequality of their main components using LIS micro data. Inequality is … Shorrocks' axiomatic approach and the Theil-based decomposition). The role of transfers and taxes in mitigating total inequality …
Persistent link: https://www.econbiz.de/10003379254
High levels of economic inequality may lead to lower economic growth and can have negative social and political impacts … significantly more than previously suggested. Currently, the average Gini index (a common measure) of inequality in Eastern Europe … is about 3 percentage points higher than in the rest of Europe. This rise in inequality was initially driven by …
Persistent link: https://www.econbiz.de/10013254550
Persistent link: https://www.econbiz.de/10013534066
The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central and east European (CEE) transition countries' currencies against their western counterparts. The response of a small country's real exchange rate to various shocks is derived in a...
Persistent link: https://www.econbiz.de/10011431705