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Publications (3)
Working Paper
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Inequality has risen in many countries over the last two decades, especially in the transition economies, but also in many developing and developed economies. This is disturbing since little progress can be made in poverty reduction when inequality is high and rising. Moreover, contrary to earlier...
Working Paper
pdf
– The Experience of Thailand
The impressive economic growth record of Thailand before 1997 was dominated by the increasing importance of modem industrialization, as well as the expansion of other sectors. This occurred at the expense of agriculture, which accounts for the largest employment pool. At the same time, the country...
Working Paper
pdf
– The Case of Turkey
This study attempts to investigate and assess the impact of financial liberalization and the ongoing rise of financial rents on income distribution in the post-1980 Turkish economy. Our quantitative investigation of the dynamics of macroeconomic development over this period discloses an overall...
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