Bosnia and Herzegovina : Poverty Assessment, Volume 2. Data on Poverty
The report consists of two volumes. The first volume contains the main Poverty Assessment report, integrating various data sources and inputs from local counterparts. The second volume provides an in-depth analysis of the Living Standards Measureme...
| Main Author: | |
|---|---|
| Format: | Poverty Assessment |
| Language: | English en_US |
| Published: |
Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/11/2808513/bosnia-herzegovina-poverty-assessment-vol-2-2-data-poverty http://hdl.handle.net/10986/14658 |
| Summary: | The report consists of two volumes. The
first volume contains the main Poverty Assessment report,
integrating various data sources and inputs from local
counterparts. The second volume provides an in-depth
analysis of the Living Standards Measurement Survey (LSMS),
jointly implemented by the Bank, and the Republika Srpska
Statistical Institute (RSIS), the Federation of Bosnia and
Herzegovina Statistical Institute (FIS), and the Bosnia and
Herzegovina State Agency for Statistics (BHAS). This report
presents the most comprehensive analysis of poverty in
Bosnia-Herzegovina (BiH) to date, whose calculations suggest
that poverty - defined as lack of adequate consumption - is
quite substantial, affecting every fifth citizen. Poverty is
substantial compared to some neighboring countries.
Nevertheless, and despite the country's post-conflict
situation and its low officially measured level of GDP,
there is no extreme poverty. Inequality in material
well-being also appears to be quite moderate by
international standards and, the non-income dimensions of
poverty are also generally not extreme in BiH. The analysis
finds that a sizable proportion of the population faces the
risk of falling into poverty, and it identifies risk factors
that may thrust a non-poor household into poverty: a)
precarious earning sources, because the predominant living
arrangement features a single-earner household; b)
widespread health risks, including uninsured financial
risks, and lingering post-conflict risks; c) violation of
human rights, discrimination and corruption; d) limited
geographical mobility; e) limited access to formal safety
nets; and, f) worn-out stock of household assets and limited
access to credit. Physical security remains an issue,
economic security is also a problem, and, powerlessness and
voicelessness impede the capacity of poor people to break
out of a vicious circle of impoverishment. To reduce
poverty, selectivity, stability and growth are outlined,
particularly focusing on prudent monetary policy, and
responsible fiscal management. |
|---|