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

By: Holzner, Mario.

Material type: materialTypeLabel

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.

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Item type	Current library	Call number	Status	Date due	Barcode
Paper	WIIW Library	87 (Browse shelf(Opens below))	Available		1000010003206

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Previous	84 Determinants of Inequality in Selected SEE Countries: Results from Shapley Value Decompositions	85 Decomposing Redistributive and Reranking Effects to Reveal Contributions of Taxes and Benefits	86 Income Inequality and Social Policy in Serbia	87 Inequality, Growth and Public Spending in Central, East and Southeast Europe	88 Measuring Inequality in CIS Countries: Theory and Empirics	89 Sources of Income Inequality: Empirical Evidence from Bulgaria	/9 The European Rim Countries - Challenges and Opportunities for EU Competitiveness	Next

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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