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Yayın Income inequality in Central and Eastern European countries(Fenerbahçe Üniversitesi, 2022-12-31) Görkey, SeldaCentral and Eastern European (CEE) economies share a common past since they passed through a transition period in the 1990s. They experienced rapid economic growth in the post-transition period by facing structural changes in their economies and institutions. Even though achieving economic growth is desirable, it is not sufficient alone; rather, it is expected to be supported by more even income distribution. Accordingly, income inequality becomes a crucial topic in economic growth and development, particularly for CEE countries. This study examines income inequality in 12 CEE economies using a descriptive research method. The study reaches diversified outcomes by using various indicators on the topic, such as the poverty headcount ratio, the at-risk-of-poverty rate, the Gini coefficient, and income quintiles and deciles-related measures. The overall findings clearly show that income inequality is a critical concern in the region. Income inequality is the highest in Bulgaria, Romania, and Albania, and these economies are followed by Latvia and Lithuania, according to most of the indicators utilized. Forming an exceptional group; Czechia, Slovenia, and the Slovak Republic have more even income distribution not only compared to the other CEE economies but also the EU27. These economies are followed by Estonia and Hungary according to the outcomes reached by this study. The findings of this study can be used for policy designs to decrease the extent of income inequality in CEE economies.
