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The challenges of real and subjective poverty and the growth of inequality in the economies of southeast Europe in transition

Author

Listed:
  • Ivo Bicanic

    (Faculty of Economics, Zagreb)

  • Vojmir Franicevic

    (Faculty of Economics, Zagreb)

Abstract

From the beginning it was clear that during the transformation, all aspects of economic inequality were likely to be exacerbated and that poverty was likely to emerge. This paper discusses the size and consequences of transformation-generated changes in economic inequality and poverty, both “real” and “subjective”, for future economic growth and the legitimacy of continued transformation in the Mediterranean economies in transformation (Bosnia and Herzegovina, Croatia, Macedonia, Serbia and Montenegro and Slovenia), which have been expanded to include Romania and Bulgaria. This area is referred to as the “region”.

Suggested Citation

  • Ivo Bicanic & Vojmir Franicevic, 2005. "The challenges of real and subjective poverty and the growth of inequality in the economies of southeast Europe in transition," Financial Theory and Practice, Institute of Public Finance, vol. 29(1), pages 13-16.
  • Handle: RePEc:ipf:finteo:v:29:y:2005:i:1:p:13-16
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    More about this item

    Keywords

    inequality; transition;

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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