European Parliament Library

Being Poor, Feeling Poorer :, Inequality, Poverty and Poverty Perceptions in the Western Balkans, Zsoka Koczan

Emerging Europe has undergone a major economic transformation over the past 25 years. Most countries experienced initial drops in output during transition, followed by recovery in the second half of the 1990s. The path of transition in the Western Balkans has however been particularly uneven. The effects of transition also seem to have been more traumatic and persistent in the Western Balkans, and nostalgia for the past appears to be more prevalent here than in other former communist regions. Such dissatisfaction has important implications for the political economy of further reforms. This paper aims to inform policy by complementing the analysis of standard macro-level measures of inequality and poverty with a household-level analysis of subjective perceptions of poverty. We find that many more people appear to feel poor than are classified as such using purely income-based measures. Uncertainty, in particular related to expectations of future income and vulnerability to shocks, appears to be a key driver behind this discrepancy
Table Of Contents
Cover -- Contents -- Abstract -- I. Introduction -- II. Literature review -- III. Trends in inequality and poverty -- IV. Macro-level analysis -- V. Micro-level analysis -- VI. Conclusions -- References -- Tables -- Table 1. Determinants of inequality -- Table 2. Determinants of inequality, fixed effects regression -- Table 3. Poverty percepti ons and household characteristics -- Table 4. Determinants of subjective poverty perceptions -- Table A.1. Poverty perceptions and househould characteristics -- Table A.2. Characteristics of objectively and subjectively poor households -- Table A.3. Determinants of subjective poverty perceptions (Western Balkans) -- Table A.4. Determinants of subjective poverty perceptions (Central and South Eastern Europe) -- Figures -- Figure 1. Perceptions of well-being -- Figure 2. Poverty, inequality and consumption shares -- Figure 3. Inequality in the aftermath -- Figure 4. Correlation between unemployment and inequality -- Figure 5. Objective and subjective relative standing of households -- Figure 6. Poverty and poverty perceptions -- Figure 7. Objective and subjective poverty lines and corresponding headcounts -- Figure A.1. Share of households who are poor and feel poor -- Figure A.2. Objective and subjective poverty lines in the Western Balkans -- Figure A.3. Impact of the crisis in the Western Balkans and Central and South Eastern Europe -- shock and coping mechanisms by decile in the Western Balkans -- Annexes -- Annex 1 -- Annex 2: Social safety nets in the Western Balkans
Literary Form
non fiction
Physical Description
1 online resource (36 pages)
Specific Material Designation
Form Of Item

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