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Panoeconomicus 2019 Volume 66, Issue 4, Pages: 385-410
https://doi.org/10.2298/PAN160923012D
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Trends in Mediterranean inequalities 1950-2015

Daniele Vittorio (University "Magna Graecia" of Catanzaro, Italy)
Malanima Paolo (University "Magna Graecia" of Catanzaro, Italy)

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.

Keywords: inequality, human development, political regimes, Mediterranean economies