Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/191609
Authors: 
Flechtner, Svenja
Panther, Stephan
Year of Publication: 
2017
Series/Report no.: 
Working Paper Serie Ök-29
Abstract: 
Some middle-income economies, many of which Latin American, have not achieved to make the transition into high-income status for long years and are allegedly trapped in middle-income status. While there is considerable consensus on the proximate causes of this phenomenon, we present a global political economy perspective to the discussion, arguing that global and domestic inequalities, both political and economic, are key to understand the issue. We subject our argument to empirical scrutiny, using fuzzy-set qualitative comparative analysis (fsQCA) on data spanning the years 1976-2009. Both domestic economic equality and political independence from the influence of an external power turn out to be robust characteristics supporting growth convergence of middle-income countries.
Subjects: 
inequality
independence
income distribution
distribution of wealth
dependence
Latin America
JEL: 
B52
D31
D63
F15
N36
O15
O29
O54
Document Type: 
Working Paper
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