Past Event

Transition for all: equal opportunities in an unequal world

How inclusive is growth in transition countries? Post-communist countries are becoming more prosperous but many people are being left behind, risking setbacks in political and economic development.

Date: December 7, 2016, 12:30 pm European Macroeconomics & Governance Tags & Topics

VIDEO & AUDIO RECORDINGS


Post-communist societies have achieved remarkable successes, finally closing the happiness gap with people on similar incomes in non-transition countries. However, failure to deliver a fair distribution of the fruits of progress may lead to setbacks in political and economic development.

This event featured a presentation of the EBRD Transition Report 2016-17. The report tracks the successes of post-communist countries but also reveals that not everyone has shared in this growing economic prosperity.

It warns that “Countries where the majority of people perceived reforms to be designed for somebody else’s gain saw the reversal of both political and economic transition.” These perceptions have led to the emergence of anti-reform populists and crony capitalism.

EVENT Materials

EBRD TRansition Report 2016-17: Transition for all: Equal opportunities in an unequal world

Sergei Guriev – Presentation

Zsolt Darvas – Presentation

EBRD Podcast: Pocket Economics: Inequality and how to fight it

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Schedule

Dec 07, 2016

12.30-13.00

Check-in and lunch

13.00-13.20

Presentation of EBRD Transition Report

Sergei Guriev, Chief Economist, European Bank for Reconstruction and Development (EBRD)

13.20-13.50

Panel discussion

Chair: Jonathan Charles, Managing Director, Communications, EBRD

Zsolt Darvas, Senior Fellow

Heather Grabbe, Director, Open Society European Policy Institute

Katarina Mathernova, Deputy Director General, European Commission, DG NEAR

13.50-14.30

Q&A

14.30

End

Speakers

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Heather Grabbe

Director, Open Society European Policy Institute

Zsolt Darvas

Zsolt Darvas

Senior Fellow

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Katarina Mathernova

Deputy Director General, European Commission, DG NEAR

Sergei Guriev

Sergei Guriev

Chief Economist, European Bank for Reconstruction and Development (EBRD)

Director of Communications

Jonathan Charles

Managing Director, Communications, EBRD

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevón

Matilda Sevon

matilda.sevon@bruegel.org

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Policy Contribution

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Why is it so hard to reach the EU’s ‘poverty’ target?

The ‘poverty’ target set by the European Commission aims to lift “over 20 million people out of poverty” between 2008 and 2020 in the EU27. Progress to date against this target has been disappointing. Why is it so hard to reach the Europe 2020 ‘poverty’ target? What does the poverty indicator actually measure?

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: January 19, 2017
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Upcoming Event

Jan
26
13:00

Achieving inclusive growth: what have we learnt?

Inclusive growth has been the exception globally, and will be a greater challenge in the future. Achieving it has to be central to our agenda, but requires rethinking and reprioritisation.

Speakers: Tharman Shanmugaratnam and Guntram B. Wolff Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
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Blog Post

Zsolt Darvas

Explaining inequality

Is technological progress behind growing income inequality? No, according to Zsolt Darvas, who argues that redistribution and the regulation of certain professions were more important factors.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: December 13, 2016
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Blog Post

Zsolt Darvas

Income inequality has been falling in the EU

The properly measured EU-wide Gini coefficient of disposable income inequality shows that inequality in the EU as whole declined in 1994-2008, after which it remained broadly stable. However, within the EU, there are large differences in income inequality which require policy action.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: November 23, 2016
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Blog Post

Zsolt Darvas
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Income inequality boosted Trump vote

Our early econometric analysis shows that Donald Trump performed more strongly in states with higher income inequality. He also did better in states with a higher share of less-educated, older, US-born and non-Hispanic voters.

By: Zsolt Darvas and Konstantinos Efstathiou Topic: Global Economics & Governance Date: November 9, 2016
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Working Paper

cover

Some are more equal than others: new estimates of global and regional inequality

In this Working Paper, Zsolt Darvas estimates the global and regional distribution of income and calculates statistics of global and regional income inequality.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: November 8, 2016
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Podcast

Podcast

Inclusive growth and inequality in Europe

Many Europeans have felt the effects of inequality due to the economic and financial crisis and stagnation. How can inequalities be tackled and which policies can support inclusive growth?

By: Bruegel Topic: European Macroeconomics & Governance Date: November 8, 2016
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Blueprint

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An anatomy of inclusive growth in Europe

This Blueprint offers an in-depth analysis of inequalities of income and wealth in the EU, as well as their causes and consequences. How evenly are the benefits of growth distributed in our economies, and what does this mean for fairness and social mobility? How could and should policymakers react?

By: Zsolt Darvas and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: October 27, 2016
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Blog Post

Uuriintuya Batsaikhan

Income inequality through decades and books

Discussions on inequality are gathering momentum in policy and academia. One indication of this trend is the frequency of the word “income inequality” occurring in Google’s corpus of books in English (British and American) in the 20th Century.

By: Uuriintuya Batsaikhan Topic: European Macroeconomics & Governance Date: October 12, 2016
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Blog Post

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How to make the single market more inclusive after Brexit

The creation of the single market generated winners and losers. Yet redistribution remains first and foremost a competence of national governments. It is thus fair to state that a failure in national, more than European, policies and welfare systems can be partly blamed for current discontent with the EU and the single market.

By: Alessio Terzi Topic: European Macroeconomics & Governance Date: August 18, 2016
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Blog Post

Zsolt Darvas

Brexit vote boosts case for inclusive growth

In the United Kingdom’s Brexit referendum, income inequality and poverty boosted ‘leave’ votes, in addition to geographical differences and larger shares of uneducated and older people in UK regions, according to my regression analysis. The actual presence of immigrants did not have a significant effect on the results. Disadvantaged people voted in smaller proportions. Turnout was also low among the young and residents of Scotland, Northern Ireland and London, who were more likely to vote ‘remain’.

By: Zsolt Darvas Topic: European Macroeconomics & Governance Date: July 13, 2016
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Blog Post

Guntram B. Wolff

Six lessons about “real” people, Brexit, and the EU

The result of the UK referendum on 23 June has been portrayed as a victory for "real people". But what consequences will the result have, and how should the UK and EU now react?

By: Guntram B. Wolff Topic: European Macroeconomics & Governance Date: June 27, 2016
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