Income Inequality in the European Union and its Relationship with Economic Growth and Poverty

cris.sourceIdoai:journals.unwe.bg:article/352
dc.creatorMoraliyska–Ivanova, Monikaen
dc.date2021-07-29
dc.date.accessioned2026-09-24T23:11:41Z
dc.date.available2026-09-24T23:11:41Z
dc.descriptionThe aim of the study is to examine two serious challenges facing the European Union – poverty and social exclusion, on the one hand, and income inequality, on the other. Tasks include: 1) analysis of income inequality indicators at EU level and as variations between Member States; 2) empirical testing of two hypotheses by analyzing the regression relationship between economic growth, poverty and inequality in the EU in the period 2010 – 2019; 3) analysis of key factors for income inequality in the EU. The thesis is that income inequality in the EU is a serious social and economic problem, which is positively affected by economic growth and redistribution. The hypotheses that are tested through the econometric analysis are: a) Positive economic growth in the EU leads to poverty reduction and b) Positive economic growth in the EU leads to reduction of inequality (in the period 2010 – 2019). The methodology includes: comparative analysis, regression analysis, induction and deduction, the Bourguignon method „Growth-inequality-poverty triangle“ (Bourguignon, 2004). Recommendations have been made. The obtained results show that: 1) there are significant variations in the social indicators of poverty and inequality in the EU member states; 2) There is a direct link between economic growth and poverty reduction and income inequality in the EU; 3) There are various factors for income inequality in the EU.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/352
dc.identifier10.37075/RP.2021.3.02
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1285
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/352/344
dc.rightsCopyright (c) 2021 Monika Moraliyska–Ivanova (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 3 (2021); 57-94en
dc.subjectEconomic growthen
dc.subjectIncome inequalityen
dc.subjectSocial exclusionen
dc.subjectPovertyen
dc.subjectEuropean unionen
dc.subjectF22 - International Migrationen
dc.subjectF66 - Laboren
dc.subjectI31 - General Welfare, Well-Beingen
dc.subjectI32 - Measurement and Analysis of Povertyen
dc.subjectI38 - Government Policy • Provision and Effects of Welfare Programsen
dc.subjectJ58 - Public Policyen
dc.titleIncome Inequality in the European Union and its Relationship with Economic Growth and Povertyen
dc.typePeer-reviewed Articleen

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