Inequality, Growth and Public Spending in Central, East and Southeast Europe
By: Holzner, Mario.
Material type:
BookSeries: wiiw Balkan Observatory Working Papers: 87Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2010Subject(s): inequality | government expenditures | economic growth | transitionCountries covered: CIS | SEE | Visegrad countrieswiiw Research Areas: Macroeconomic Analysis and Policy | Labour, Migration and Income DistributionClassification: D63 | H5 | O4 | P2 Online resources: Click here to access online Summary: 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.
| Item type | Current library | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|
| Paper | WIIW Library | 87 (Browse shelf(Opens below)) | Available | 1000010003206 |
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.
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