Trends in Mediterranean Inequalities 1950-2015
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.
Key words: Inequality, Human development, Political regimes, Mediterranean economies.
JEL: O47, I3.