Inequality, Growth and Public Spending in Central, East and Southeast Europe
By: Holzner, Mario.
Material type:
BookSeries: wiiw Working Papers: 71Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2010Description: 15 S., 3 Tables, 30cm.Subject(s): inequality | government expenditures | economic growth | transitionCountries covered: Visegrad countries | CIS | SEEwiiw Research Areas: Labour, Migration and Income Distribution | Macroeconomic Analysis and PolicyClassification: D63 | H5 | O4 | P2 Online resources: Click here to access online Summary: The paper 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 one with growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990s and early 2000s the European integration process allowed most of the transition economies to aim for the best of both worlds: equity and economic development.
| Item type | Current library | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|
| Paper | WIIW Library | 5.700/71 (Browse shelf(Opens below)) | Available | 1000010002202 |
The paper 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 one with growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990s and early 2000s the European integration process allowed most of the transition economies to aim for the best of both worlds: equity and economic development.
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