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Influence of technological innovations on economic inequality in developed and developing countries

Author

Listed:
  • Valeria D. Dmitrieva
  • Anna I. Yakovleva
  • Valeriy V. Glebov
  • Ekaterina P. Petukhova
  • Aleksey V. Shpakov

Abstract

The authors analyse the indicators that show the situation of inequality for 37 countries of the world. It is shown that high level of indicators of effectiveness of state's activities does not necessarily lead to reduction of inequality; neither it means that government will spend money for social protection of population, education, and other humanitarian tasks. A dream of technological innovations and digital transformations faces the reluctance to spend money for education and science. As a result of analysis of the indicators of economic, innovative, and social development, the authors determine several main tendencies of the modern times, which 'connect' the situation of inequality and implementation of technological innovations. It seems that not in all cases one can speak of a positive effect of technological innovations, for very often they have a temporary, though long, effect, and leading to large gaps in the level of well-being.

Suggested Citation

  • Valeria D. Dmitrieva & Anna I. Yakovleva & Valeriy V. Glebov & Ekaterina P. Petukhova & Aleksey V. Shpakov, 2020. "Influence of technological innovations on economic inequality in developed and developing countries," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 13(6), pages 595-611.
    • Handle: RePEc:ids:ijepee:v:13:y:2020:i:6:p:595-611
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