DP3556 Human Capital, Growth and Inequality in Transition Economies

Author(s): Michael Spagat
Publication Date: September 2002
Keyword(s): constraints, educational reform, growth, human capital, inequality, liquidity, long run, transition economies
JEL(s): I2, O15, P2
Programme Areas: Transition Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=3556

Transition economies have an initial condition of high human capital relative to living standards. I explore the possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the long run and policy options.