Croatia : Economic Vulnerability and Welfare Study
This is the first study of poverty, and income distribution in Croatia, which aims to provide an assessment of the country's poverty status, to explain the causes of poverty, and recommend actions to efficiently reduce poverty. In comparing in...
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Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2001/04/1089567/croatia-economic-vulnerability-welfare-study http://hdl.handle.net/10986/15698 |
Summary: | This is the first study of poverty, and
income distribution in Croatia, which aims to provide an
assessment of the country's poverty status, to explain
the causes of poverty, and recommend actions to efficiently
reduce poverty. In comparing international poverty standards
across transition economies, the study finds that the
incidence of absolute poverty in Croatia is low, however,
these standards may not adequately reflect country-specific
conditions. It is estimated that the level of total
household expenditure - after paying for essential non-food
expenditures - just attain minimal nutritional needs, and it
is this level which therefore represent an absolute poverty
line. Thus, less than ten percent of Croatia's
population fall below this national specific poverty line,
and the report shows it would be affordable for the country
to eliminate absolute poverty. It presents the historical,
and political context for understanding poverty, which
examines Croatia's independence conditions, war
consequences, and post-war economic policies, to determine
the poverty scale, and profile, and economic causes of
poverty, to form the basis for a social assessment.
Macroeconomic, and structural policies were key determinants
of weak employment growth, and, labor market policies have
worsened the negative impact of macro-policies on income
distribution. Policies to foster opportunities should
include a sustained macroeconomic stability; creation of an
enabling environment for private businesses; an increased
flexibility of the labor market; and, increased investments
in human capital. |
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