Project: Inequality, restructuring and growth in transition economies. Impact of social and budgetary policy on the success of the transition process.
- project duration
- 01-OCT-02 – 30-SEP-04
- Almost all transition economies were confronted with considerable increases in inequality and budgetary imbalances at the start. The effect of inequality on restructuring (and hence growth) will theoretically be analyzed. Special attention will be given to social policy. Empirical work will concentrate on i) a paneldata-study about the relation between restructuring and inequality and ii) the interaction between the composition of the budget and restructuring.