Jelena Žarković-Rakić, G. Krstić, N. Oruč, W. Bartlett
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Income inequality in transition economies: A comparative analysis of Croatia, Serbia and Slovenia
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
Economic AnnalsEconomics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
0.90
自引率
0.00%
发文量
6
审稿时长
18 weeks
期刊介绍:
Economic Annals is an academic journal that has been published on a quarterly basis since 1955, initially under its Serbian name of Ekonomski anali (EconLit). Since 2006 it has been published exclusively in English. It is published by the Faculty of Economics, University of Belgrade, Serbia. The journal publishes research in all areas of economics. The Editorial Board welcomes contributions that explore economic issues in a comparative perspective with a focus on transition and emerging economies in Europe and around the world. The journal encourages the submission of original unpublished works, not under consideration by other journals or publications. All submitted papers undergo a double blind refereeing process. Authors are expected to follow standard publication procedures [Instructions to Authors], to recognise the values of the international academic community and to respect the journal’s Policy.