IDEAS home Printed from https://ideas.repec.org/a/gam/jscscx/v12y2023i11p599-d1269501.html
   My bibliography  Save this article

Assessing the Socioeconomic Impacts of Transitioning from Plutocracy to Meritocracy in University Admissions

Author

Listed:
  • Lasha Labadze

    (Finance Department, American University of the Middle East, Al Ahmadi 15453, Kuwait)

Abstract

This paper examines the effects of transitioning from a plutocratic to a meritocratic university admission system on students and society. We develop a theoretical model to predict the socioeconomic impacts of this transition and validate our predictions using simulations and empirical data from Georgia, where education reform shifted university admissions from a plutocratic system to a meritocratic one, providing a natural experiment that enables us to validate predictions of our theoretical model. The findings demonstrate positive outcomes for individuals from low socioeconomic backgrounds, including improved educational attainment and increased labor income.

Suggested Citation

  • Lasha Labadze, 2023. "Assessing the Socioeconomic Impacts of Transitioning from Plutocracy to Meritocracy in University Admissions," Social Sciences, MDPI, vol. 12(11), pages 1-16, October.
  • Handle: RePEc:gam:jscscx:v:12:y:2023:i:11:p:599-:d:1269501
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-0760/12/11/599/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2076-0760/12/11/599/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2012. "Fighting Corruption in Public Services : Chronicling Georgia's Reforms," World Bank Publications - Books, The World Bank Group, number 2234.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zurab Abramishvili, 2017. "An Impact Evaluation of Mass Replacement of School Principals in Georgia," Working Papers 006-17 JEL Codes: H4, I21, International School of Economics at TSU, Tbilisi, Republic of Georgia.
    2. Karine Torosyan & Randall K. Filer, 2014. "Tax reform in Georgia and the size of the shadow economy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 22(1), pages 179-210, January.
    3. Takaaki Masaki & Bradley C. Parks, 2020. "When do performance assessments influence policy behavior? Micro-evidence from the 2014 Reform Efforts Survey," The Review of International Organizations, Springer, vol. 15(2), pages 371-408, April.
    4. Thomas Herzfeld & Iryna Kulyk & Axel Wolz, 2018. "Is Agribusiness Different? Firm-Level Evidence of Perceived Corruption in Post-Soviet Countries," Eastern European Economics, Taylor & Francis Journals, vol. 56(6), pages 504-521, November.
    5. Aktoty Aitzhanova & Shigeo Katsu & Johannes F. Linn & Vladislav Yezhov (ed.), 2014. "Kazakhstan 2050: Toward a Modern Society for All," Books, Emerging Markets Forum, edition 1, number kazakh2050, July.
    6. Thomas Gift & Daniel Krcmaric, 2017. "Who Democratizes? Western-educated Leaders and Regime Transitions," Journal of Conflict Resolution, Peace Science Society (International), vol. 61(3), pages 671-701, March.
    7. World Bank Group, 2019. "Central African Republic Economic Update, November 2019," World Bank Publications - Reports 32793, The World Bank Group.
    8. Matt Andrews & Nick Fanning, 2015. "Mapping Peer Learning Initiatives in Public Sector Reforms in Development," CID Working Papers 298, Center for International Development at Harvard University.
    9. Lev Freinkman & Andrei Yakovlev, 2015. "Institutional frameworks to support regulatory reform in middle-income economies: lessons from Russia's recent experience," Post-Communist Economies, Taylor & Francis Journals, vol. 27(3), pages 354-369, September.
    10. Lumir Abdixhiku, Geoff Pugh, Iraj Hashi, 2018. "Business Tax Evasion in Transition Economies: A Cross-Country Panel Investigation," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 15(1), pages 11-36, June.
    11. Abbink, Klaus & Ryvkin, Dmitry & Serra, Danila, 2020. "Corrupt police," Games and Economic Behavior, Elsevier, vol. 123(C), pages 101-119.
      • Klaus Abbink & Dmitry Ryvkin & Danila Serra, 2018. "Corrupt police," Working Papers wp2018_09_01, Department of Economics, Florida State University, revised Sep 2018.
    12. Jonathan Walters, 2016. "Managing the Energy Transition," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 8(2), pages 81-103, May.
    13. Valasek, Justin, 2018. "Dynamic reform of public institutions: A model of motivated agents and collective reputation," Journal of Public Economics, Elsevier, vol. 168(C), pages 94-108.
    14. Timm, Christian, 2014. "A liberal developmental state in Georgia? State dominance and Washington Consensus in the post-communist region," PFH Forschungspapiere/Research Papers 2014/02, PFH Private University of Applied Sciences, Göttingen.
    15. Adiya Belgibayeva & Alexander Plekhanov, 2019. "Does corruption matter for sources of foreign direct investment?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(3), pages 487-510, August.
    16. World Bank, 2012. "A Policy Framework for Green Transportation in Georgia : Achieving Reforms and Building Infrastructure for Sustainability," World Bank Publications - Reports 11899, The World Bank Group.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jscscx:v:12:y:2023:i:11:p:599-:d:1269501. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.