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Publications (3)
– Structural Transformation, Inequality Dynamics, and Inclusive Growth
The developer’s dilemma is thus: developing countries seek inclusive economic development — i.e., structural transformation — sufficiently broad-based to raise the income of the poor. Inclusive economic growth requires falling income inequality to maximise income growth at the lower end of the...
Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public...
– The Long-Run View
The twentieth anniversary of the fall of the Berlin Wall has stimulated much reflection on the political, economic and social transitions that have taken place in the past two decades. Many Central European and Baltic countries initially appeared to epitomize a successful transition to markets and...
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