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Income inequality in transition economies: a comparative analysis Of Croatia, Serbia and Slovenia

Žarković Rakić, Jelena, Krstić, Gorana, Oruč, Nermin and Bartlett, Will ORCID: 0000-0002-6775-4339 (2019) Income inequality in transition economies: a comparative analysis Of Croatia, Serbia and Slovenia. Economic Annals, 64 (223). 39 - 60. ISSN 0013-3264

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Identification Number: 10.2298/EKA1923039Z

Abstract

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 in-come 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.

Item Type: Article
Official URL: http://www.ekof.bg.ac.rs/publikacije/casopisi/ekon...
Additional Information: © 2019 The Authors
Divisions: European Institute
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
JEL classification: D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
J - Labor and Demographic Economics > J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining > J51 - Trade Unions: Objectives, Structure, and Effects
P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies
Date Deposited: 01 Dec 2022 14:57
Last Modified: 01 Dec 2022 19:18
URI: http://eprints.lse.ac.uk/id/eprint/117485

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