Gyorgy Andor
Eotvos Lorand University, Budapest, Hungary, Institution of the first author, 1053 Egyetem tér 1–3. Budapest, Hungary
DOI: https://doi.org/10.31410/EMAN.2018.23
2nd International Scientific Conference – EMAN 2018 – Economics and Management: How to Cope With Disrupted Times, Ljubljana – Slovenia, March 22, 2018, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; Faculty of Management Koper, Slovenia; Doba Business School – Maribor, Slovenia; Integrated Business Faculty – Skopje, Macedonia; Faculty of Management – Zajecar, Serbia, ISBN 978-86-80194-11-0
Abstract
Income inequality progresses of five post-socialist countries currently members of the European Union (EU) from Central and Eastern Europe (CEE) – the Czech Republic, Hungary, Poland, Slovakia, and Slovenia – are examined in this paper. The similar political and economic changes of these countries allow an integrated analysis of their income inequality developments. Moreover, as these countries represent a unique group around the border between high-income and upper-middle-income countries the paper can contribute also the debate of inequality problems in countries of different levels of economic development. The study focuses on the several relating and often contradictory theories and empirical evidences from the past few years trying to offer a comprehensive picture of progress if inequality of this region.
After a short introduction, the theories about the relationship between inequality and growth are summarized. Then the empirical evidences about income inequality in CEE countries are presented and also compared with EU-wide data. Finally, some concluding remarks close the paper.
Key words
inequality, economic growth, middle-income countries
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