@article{2023:kostov:modern_ine,
title = {Modern inequalities: a review of the literature},
year = {2023},
note = {This article reviews the main results of recent empirical research on
the topic of income and wealth inequalities, with a special focus on
Bulgaria, taking extensive account of the impact of Covid-19 which,
according to the data, is responsible for ‘the largest annual
increase in global inequality and poverty since at least 1990’. It
is clear that social and macroeconomic shocks have a major impact on
trends in inequalities. The aim of the article is to summarise the
latest research on the subject in order to establish a starting point
for the formulation of an adequate economic policy by national
governments. The goal of such a policy should be to reduce
inequalities to levels in socially acceptable ways which, on the one
hand, would lead to an increase in general economic well-being and, on
the other, also to an increase in social justice. Reducing the gap
between rich and poor to ensure a fairer and more sustainable future
means using all the tools of economic policy, both monetary and
fiscal, which are available. A literature review such as this one fits
precisely into this debate and would greatly assist future
policymakers determine policies that work.},
journal = {SEER Journal for Labour and Social Affairs in Eastern Europe},
pages = {81--94},
author = {Kostov, Lyuboslav},
volume = {26},
number = {1}
}