Trends in Mediterranean Inequalities 1950-2015

  • Vittorio Daniele University «Magna Graecia» of Catanzaro, Italy
  • Paolo Malanima University «Magna Graecia» of Catanzaro, Italy

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 1950-2015
Cilj 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.


 


 

How to Cite
Daniele V., & Malanima P. (2019). Trends in Mediterranean Inequalities 1950-2015. Panoeconomicus, 66(4), 1-26. doi:10.2298/PAN160923012D
Section
Original scientific paper