Trade, foreign direct investments (FDI) and income inequality: Empirical evidence from transition countries

One of the more recent and interesting contributions in the field of development has been the theory of dependence. This theory seeks to explain the most pressing problems of the less-developed world in terms of the relations between the developing and developed areas. Stagnation, unemployment, income inequality, and regional disequilibria are all seen as directly related to a less-developed country's position vis-à-vis the developed and capitalist world. Unfortunately, the theory of dependence has become something of a cause célèbre. It is either eagerly accepted or scornfully rejected as a matter of faith—primarily because of its political implications and overtones. Those who accept it embrace it willfully and rally to defend it against any possible detractors. Those who reject it generally choose to ignore it as either not serious or unworthy of careful attention and consideration.

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Sunspots and stock markets: Some empirical evidence of their interdependence in transition countries

Poslovna ekonomija ◽

10.5937/poseko1601001d ◽

2016 ◽

Vol 10 (1) ◽

pp. 1-24

Author(s):

Bojan Dimitrijevic ◽

Vladimir Djakovic ◽

Goran Andjelic ◽

Natasa Glisovic

Keyword(s):

Empirical Evidence ◽

Stock Markets ◽

Transition Countries

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Informal Employment in Transition Countries: Empirical Evidence and Research Challenges

SSRN Electronic Journal ◽

10.2139/ssrn.2536808 ◽

2014 ◽

Author(s):

Hartmut Lehmann

Keyword(s):

Empirical Evidence ◽

Transition Countries ◽

Informal Employment ◽

Research Challenges

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Fair and Inclusive Markets

IMF Working Papers ◽

10.5089/9781513568669.001 ◽

2021 ◽

Vol 21 (29) ◽

Author(s):

Philippe Aghion ◽

Reda Cherif ◽

Fuad Hasanov

Keyword(s):

Income Inequality ◽

Empirical Evidence ◽

Poverty Alleviation ◽

Policy Options ◽

Growth Opportunities ◽

Market Structures ◽

Sustained Growth ◽

Market Income ◽

High Level ◽

Export Industries

We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism—a drive toward sophisticated export industries, innovation, and creative destruction and a high level of competition. What a country produces and how much it competes domestically and internationally are important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward providing growth opportunities for both workers and firms.

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