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Some Explanations for Changes in the Distribution of Household Income in Slovakia: 1988 and 1996

Some Explanations for Changes in the Distribution of Household Income in Slovakia: 1988 and 1996

Paperback

General ReferenceGeneral Political Science

ISBN10: 1491214619
ISBN13: 9781491214619
Publisher: Createspace
Published: Jul 31 2013
Pages: 44
Weight: 0.28
Height: 0.09 Width: 8.50 Depth: 11.02
Language: English
Under the Soviet system, the Central and East European (CEE) countriesmaintained the most equal distributions of income in the world. Hence greater incomeinequality was an expected outcome of the transition from a command to a marketeconomy. Indeed, as prices were liberalized and market forces unleashed, workers withscarce skills saw their earnings rise, while others suffered severe declines in theirearnings and even unemployment

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