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
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
government expenditures
economic growth
transition
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Holzner, Mario
- The Vienna Institute for International Economic Studies (wiiw)
Entstanden
- 2010