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Human Capital, Growth and Inequality in Transition EconomiesMichael SpagatUniversity of London - Department of Economics; Centre for Economic Policy Research (CEPR) July 2002 William Davidson Institute Working Paper No. 499 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.
Number of Pages in PDF File: 33 Keywords: Transition economies, human capital, growth, inequality, liquidity constraints, educational reform, long run JEL Classification: P2, O15, I2 working papers seriesDate posted: October 29, 2002Suggested CitationContact Information
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