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Тhe Impact of Economic Reforms on Poverty in the Republic of Serbia

Author

Listed:
  • Veselinović Nevena

    (Faculty of management Zaječar, Republic of Serbia)

  • Mišić Ivan

    (Serbian Army General Staff)

  • Veselinović Petar

    (Faculty of Economics, University of Kragujevac, Republic of Serbia)

Abstract

The aim of the paper is to identify the key determinants of poverty in the Republic of Serbia. The secondary goal is to show that poverty can be reduced if the classic concept of treating poverty is abandoned and the concept of social exclusion accepted, the benefits of which are to look at causes and provide a basis for preventing the problem of poverty, rather than just attempting to remedy the consequences. In the paper, statistical-econometric models are applied which correspond to the defined goal of the empirical research, but also to the selected variables. Part of the data analysis was carried out on data collected through the Survey on Income and Living Conditions (EU-SILC). It is an instrument that is among the most relevant when it comes to monitoring poverty, inequality, social inclusion and living standards. The contribution of work is reflected in the development of the poverty research in the Republic of Serbia with the aim of complementing the scientific knowledge fund on the implementation of state measures and instruments in the context of stimulating economic growth and increasing the living standard of the population.

Suggested Citation

  • Veselinović Nevena & Mišić Ivan & Veselinović Petar, 2019. "Тhe Impact of Economic Reforms on Poverty in the Republic of Serbia," Economic Themes, Sciendo, vol. 57(3), pages 287-305, September.
    • Handle: RePEc:vrs:ecothe:v:57:y:2019:i:3:p:287-305:n:3
    DOI: 10.2478/ethemes-2019-0017
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    References listed on IDEAS

    as
    1. ., 2006. "Poverty Measurement," Chapters, in: David Alexander Clark (ed.), The Elgar Companion to Development Studies, chapter 93, Edward Elgar Publishing.
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    More about this item

    Keywords

    transition; poverty; living standard; Republic of Serbia;
    All these keywords.

    JEL classification:

    • E16 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Social Accounting Matrix
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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