THE EFFECT OF UNEQUAL DISTRIBUTION OF THE STANDARD AND QUALITY OF LIFE IN THE COUNTRIES OF THE WESTERN BALKANS

Jelena Toskovic, Slobodan Popovic, Sreten Jelic, Macura Rajko and Grubljesic Zeljko
Additional contact information
Jelena Toskovic: MI FINANCE D.O.O, SABAC, KRSMANOVACA BB, 15000 SABAC, SERBIA
Slobodan Popovic: JKP GRADSKO ZELENILO, SUTJESKA 2, 2100 NOVI SAD, SERBIA
Sreten Jelic: UNIVERSITY OF BELGRADE, FACULTY OF AGRICULTURE, NEAMNJINA 6, 11000 BELGRADE , SERBIA
Macura Rajko: BANJA LUKA COLLAGE, MILOŠA OBILIĆA 30, 78000 BANJA LUKA, BiH
Grubljesic Zeljko: VOZDA KARADORDA 2, 79101 PRIJEDOR, BiH

Annals - Economy Series, 2015, vol. 5, 48-53

Abstract: In the early 1990s the Western Balkan countries entered the transition process which involved the transition from a centrally-planned to a market economy. Thus, these countries were forced to adhere to the basic neoliberal principles based on the Washington consensus, which has promoted the liberalization, privatization and stabilization. This model, in all transition countries, and thus the countries of the Western Balkans (Albania, Bosnia and Herzegovina, FYR Macedonia, Montenegro, Serbia), was governed by the same guidelines. However, the consequence occurred but economic and social crisis that led to decades of growth of economic inequality. Deformation of the unequal distribution led to the economic and social stratification which is disabled out of the economic crisis in which these countries found. In this paper we analyzed indicators Gini coefficient, the standard of living and quality of life that affect the life of the inhabitants of the Western Balkans. Gini coefficient as the most commonly used measure for measuring economic inequality, measured the distribution of income or consumption expenditure among households or individuals who within an economy deviates from the even distribution. The standard of living is determined by the totality of the conditions of life and work of the individual layers of the population of a country in a given time period.It is related to quality of life and is used for comparative reviews and comparisons of geographic areas, a number of vacation days, and then to compare different periods in history and more. Quality of life is intangible thesis, which includes the assessment of quality of life factors such as employment, income, health, education, science, energy, knowledge and technology, the environment, human rights, protection and recreation, infrastructure, national security, public safety, etc. All these factors combine to affect the life of the population, which from the beginning of the twentieth century on an upward trajectory.

Keywords: unequal distribution; quality; standard; life expectancy; the Western Balkans (search for similar items in EconPapers)
Date: 2015
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