Arbeitspapier

Inequality, Growth and Public Spending in Central, East and Southeast Europe

The article analyses the joint determinants of inequality and growth with a special emphasis on public spending structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major result of this paper. In terms of public spending items we find a positive correlation with equity and a negative with growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990's and early 2000's the European integration process allowed most of the transition economies to aim for the best of both worlds equity and economic development.

Sprache
Englisch

Erschienen in
Series: wiiw Balkan Observatory Working Papers ; No. 087

Klassifikation
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Thema
inequality
government expenditures
economic growth
transition

Ereignis
Geistige Schöpfung
(wer)
Holzner, Mario
Ereignis
Veröffentlichung
(wer)
The Vienna Institute for International Economic Studies (wiiw)
(wo)
Vienna
(wann)
2010

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Holzner, Mario
  • The Vienna Institute for International Economic Studies (wiiw)

Entstanden

  • 2010

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