Income inequality in transition economies: A comparative analysis of Croatia, Serbia and Slovenia

Autor: Žarković-Rakić Jelena, Krstić Gorana, Oruč Nermin, Bartlett Will
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Ekonomski Anali, Vol 64, Iss 223, Pp 39-60 (2019)
Druh dokumentu: article
ISSN: 0013-3264
1820-7375
DOI: 10.2298/EKA1923039Z
Popis: This paper investigates the relationship between income inequality and different welfare state trajectories that three countries of the former Yugoslavia “south of the Alps” have taken over the three decades since the breakup of the country in 1990. It is remarkable that three countries emerging from a common (socialist) system have experienced diametrically opposing outcomes regarding inequality. Slovenia has one of the lowest levels of income inequality in Europe, Croatia an average level of inequality, and Serbia one of the highest levels. The paper first examines the extent and nature of income inequality in the three countries before examining the determining causes of inequality, rooted in the evaluation of labour markets, education systems, and tax-benefit systems. It concludes that the divergent transition paths have created the different inequality outcomes observed in the three countries. This article has been corrected. Link to the correction 10.2298/EKA2024129E
Databáze: Directory of Open Access Journals