Industrija (Dec 2012)
Equality and fairness in the distribution of the conditions and results of economic activity in the Republic of Srpska
Abstract
Equality and fairness in the distribution of income is something that each state sets itself as an imperative. However, we are witnessing inequality in this respect, which is manifested in various ways. What leads to inequality and that this inequality is just something that for decades occupied by economic thought. Defining the concept of inequality depends on the economic interpretation, as well as the ideological and intellectual attitudes of researchers. The differences in the ideological, intellectual and economic attitudes can cause different understandings of inequality, its significance and policies that are necessary to reduce inequality. Analysis of inequality focuses on the concept of inequality of outcomes or results of economic activity. A complementary concept is reflected in the analysis of inequality of opportunity or conditions. There are strong links between these two concepts. Inequality in the distribution of results is often derived from inequalities in the distribution conditions.
