Montenegro’s income inequality, though recently on a decline, is still relatively high when compared to European Union (EU) countries. Income inequality partly reflects inequality of opportunity, that is, when circumstances that should not be associated with individual achievement still determine income. Inequality of opportunity not only raises the question of fairness but also limits Montenegro’s economic growth potential and living standards convergence...
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2023/05/15
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Memorando Econômico do País
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182120
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1
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2023/05/15
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Disclosed
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Montenegro Country Economic Memorandum : Towards a Resilient Growth Strategy - Inequality of Opportunity Holds Back Montenegro’s Labor and Human Capital Potential : Background Note
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