Human Capital, Growth and Inequality in Transition Economies
33 Pages Posted: 13 Nov 2002
There are 2 versions of this paper
Human Capital, Growth and Inequality in Transition Economies
Date Written: September 2002
Abstract
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. 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.
Keywords: Transition economies, human capital, growth, inequality, liquidity, constraints, educational reform, long run
JEL Classification: I2, O15, P2
Suggested Citation: Suggested Citation
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