01930cas a2200253 a 4500 AALejournalIMF009939 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854008 1018-5941 BD-DhAAL BD-DhAAL Prasad, Eswar. Inequality, Transfers and Growth : New Evidence From the Economic Transition in Poland / Eswar Prasad, Michael Keane. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (52 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper challenges the conventional wisdom that inequality in Poland increased markedly during the economic transition. Income and consumption inequality actually declined in 1990-92 and rose only moderately above pre-transition levels by 1997. However, inequality in labor earnings increased markedly and consistently during 1990-97. Social transfer mechanisms, including pensions, helped mitigate increases in overall inequality and poverty. More importantly, these transfer mechanisms were well-designed to reduce political resistance to market-oriented reforms in the early years of transition, paving the way for rapid growth. Cross-country evidence from transition economies is consistent with this interpretation and with recent literature suggesting that inequality-reducing redistribution can enhance growth. Mode of access: Internet Keane, Michael. IMF Working Papers; Working Paper ; No. 2000/117 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/117/001.2000.issue-117-en.xml IMF e-Library