Analysis of Poverty in Serbia From the Aspect of Macroeconomic Stability in the Republic of Serbia

Ivan Bozovic and Jelena Bozovic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2013, vol. 61, issue 4

Abstract: Macroeconomic reality of the Republic of Serbia has been for years characterized with a high unemployment rate, employment rate decline, high illiquidity of economy, declining standard of living and high poverty percentage. The most vulnerable are certainly families without any income, particularly taking into account that the aid they receive is small, persons with disabilities and the Romani people as the largest national minority. To the largest extent, the mentioned characteristics negatively reflect to the material and social status of the employed and their families. Although the right to work is one of the most significant rights, the countries that are signatories of international conventions are not required to provide job for everyone, which is unrealistic to expect. With respect to the numerous criticisms made by employers on account of the business environment in Serbia, it seems that much more could be done to stimulate the opening of new workplaces.

Keywords: Food; Security; and; Poverty (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:289149

DOI: 10.22004/ag.econ.289149

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