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Trends in Mediterranean Inequalities 1950-2015

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  • Vittorio Daniele
  • Paolo Malanima

Abstract

This article is aimed at analysing the trends of economic, social and institutional inequality among the Mediterranean countries in the period 1950-2015. After the examination of the inequalities in GDP per capita among and within nations, we present a human development index (HDI) that includes a measure of democratic achievements. Main result is that inequalities in income, after the rise from the 1950s onwards, declined from the start of the twenty-first century. Inequalities in HDI, instead, constantly diminished in the period under examination, while a process of democratization occurred. On the whole, despite the convergence among Mediterranean countries, economic inequalities are much deeper than those in social indicators. Key words: Inequality, Human development, Political regimes, Mediterranean economies.JEL: O47, I3. Trendovi u mediteranskim nejednakostima 1950-2015Cilj rada je analiza trendova ekonomske, socijalne i institucionalne nejednakosti mediteranskih zemalja u periodu 1950-2015. Nakon ispitivanja nejednakosti u BDP-u po glavi stanovnika između i unutar zemalja, predstavljamo indeks ljudskog razvoja (HDI) koji uključuje merenje demokratskih dostignuća. Glavni rezultat je da su nejednakosti u dohotku, nakon porasta od 1950-ih nadalje, smanjene početkom dvadeset prvog veka. Nasuprot tome, nejednakosti u HDI-ju su se kontinuirano smanjivale u ispitivanom periodu, pojavom procesa demokratizacije. U celini, uprkos konvergenciji mediteranskih zemalja, ekonomske nejednakosti su mnogo dublje od onih u socijalnim pokazateljima.Ključne reči: Nejednakost, ljudski razvoj, politički režimi, mediteranske ekonomije.

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  • Vittorio Daniele & Paolo Malanima, 2019. "Trends in Mediterranean Inequalities 1950-2015," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 66(4), pages 385-410.
    • Handle: RePEc:voj:journl:v:66:y:2019:i:4:p:385-410:id:501
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    2. Silvana Salvini, 2021. "Mediterranean basin in the covid-19 crisis has the impact of the covid-19 crisis been different for the different populations of the region?," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 75(2), pages 28-38, April-Jun.

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    More about this item

    Keywords

    Inequality; Human development; Political regimes; Mediterranean economies;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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