wow-inequalities/02-data/intermediate/wos_sample/1029e403cfb14be2ab73d11c616b0d26-tsapko-piddubna-olg/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'The article highlights the necessity of inclusive growth and development
concept implementation in times of economic and social instability as it
is widely recognized as the one that can and should tackle the common
long existing problems like poverty, inequality, and insecurity. Thus,
the subject of this research is to compare the patterns of inclusive
growth and development across economies of Central and Eastern Europe
(CEE); and to investigate the driving policies and institutions to
countries'' inclusive growth and development. The research objective is
to highlight policies that would increase equality, economic well-being,
and as a result, the competitiveness of CEE countries. Methods. For this
purpose, the comparative analysis of CEE countries'' inclusive growth and
development patterns was done; and the empirical evaluation was done to
observe relationship between the Inclusive Development Index and
indicators that described economic policies and institutional factors
relevant to inclusiveness. In a comparative analysis and a cross-country
regression model (for both dependent and independent variables), a
recently developed by World Economic Forum performance metric was used.
Results. The main findings suggest that the Czech and Slovak Republics
are the best performing among CEE countries in inclusive growth and
development patterns. On the contrary, Ukraine, Moldova, and Russian
Federation are the worst. Economic growth of these countries has not
transformed well into social inclusion. Still, there is a great
potential for all CEE economies to improve their social inclusiveness in
comparison with EU-28 and Norway (the most inclusive economy in 2018).
Results of the empirical research indicate that redistributive fiscal
policy has little influence on inclusive growth and development.
Nevertheless, it should create a public social protection system that is
engaged in decreasing poverty, vulnerability, and marginalization
without hampering economic growth. Besides, an effective and inclusive
redistributive state system of CEE economies should accentuate on
supporting human economic opportunities. According to the results of the
regression model, positive strong influence on inclusive growth and
development is associated with the employment and labour compensation
policy that allows people to directly increase their incomes and feel
active and productive members of society; the basic services and
infrastructure policy which is a necessary ground for present and future
human and economic development; the asset building and entrepreneurship
policy provides diminishing inequality and rising economic opportunities
by fostering medium and small business creation and enlarging
possibilities of home and other asset ownership. Altogether these
policies would increase broad-based human economic opportunities and
consequently both equality, economic well-being, and CEE economies''
competitiveness in the long run. The counter-intuitive effect observed
in the regression model between education and skills development policy
and country''s inclusive growth and development needs further
investigations, as education is important for social mobility and
decrease in income and wealth inequality.'
affiliation: 'Tsapko-Piddubna, O (Corresponding Author), Ivan Franko Natl Univ Lviv,
Lvov, Ukraine.
Tsapko-Piddubna, Olga, Ivan Franko Natl Univ Lviv, Lvov, Ukraine.'
author: Tsapko-Piddubna, Olga
author-email: olha.tsapko-piddubna@lnu.edu.ua
author_list:
- family: Tsapko-Piddubna
given: Olga
da: '2023-09-28'
doi: 10.30525/2256-0742/2021-7-2-233-239
eissn: 2256-0963
files: []
issn: 2256-0742
journal: BALTIC JOURNAL OF ECONOMIC STUDIES
keywords: inclusive growth and development; inequality; economic opportunity
language: English
number: '2'
number-of-cited-references: '11'
orcid-numbers: Tsapko-Piddubna, Olga/0000-0002-7233-6019
pages: 233-239
papis_id: 1a77e1b47eb1c459898403613ab124a6
ref: Tsapkopiddubna2021inclusivegrowth
researcherid-numbers: Tsapko-Piddubna, Olga/ABA-3199-2021
times-cited: '2'
title: 'INCLUSIVE GROWTH POLICY AND INSTITUTIONAL ASSESSMENT: THE CASE OF CENTRAL
AND EASTERN EUROPEAN COUNTRIES'
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000656755200025
usage-count-last-180-days: '2'
usage-count-since-2013: '14'
volume: '7'
web-of-science-categories: Economics
year: '2021'