Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260730 
Year of Publication: 
2022
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 496 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2022
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
High levels of economic inequality may lead to lower economic growth and can have negative social and political impacts. Recent empirical research shows that income and wealth inequalities in Eastern Europe since the fall of socialism increased significantly more than previously suggested. Currently, the average Gini index (a common measure) of inequality in Eastern Europe is about 3 percentage points higher than in the rest of Europe. This rise in inequality was initially driven by privatization, liberalization, and deregulation reforms, and, more recently, has been amplified by technological change and globalization coupled with relatively ungenerous income and wealth redistribution policies.
Subjects: 
inequality
income distribution
wealth distribution
redistribution
post-socialist countries
Eastern Europe
JEL: 
D6
D63
D31
Persistent Identifier of the first edition: 
Document Type: 
Article

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