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Welfare in Bosnia and Herzegovina, 2001 : Measurement and Findings

By The World Bank

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Book Id: WPLBN0000198611
Format Type: PDF eBook
File Size: 0.7 MB
Reproduction Date: 2005
Full Text

Title: Welfare in Bosnia and Herzegovina, 2001 : Measurement and Findings  
Author: The World Bank
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Bank, T. W. (n.d.). Welfare in Bosnia and Herzegovina, 2001 : Measurement and Findings. Retrieved from


Introduction: Being able to measure welfare or poverty levels allows governments and their citizens to determine the effectiveness of government economic and social policies in improving the welfare of the population. Also, as many government and nongovernmental programs are specifically tailored to meeting the needs of the poor, being able to identify this group in the population is critical to the effectiveness and efficiency of such programs. And, finally, the impact of all social and economic policy on welfare can only be assessed by constant monitoring of welfare levels in a country. The need in Bosnia and Herzegovina (BiH) to measure and monitor welfare levels has been made more urgent given the events of recent years. The transition from a centrally planned to a market economy has dramatically altered the ways in which the population and the government interact as well as the sources of income of different population groups. As important in affecting welfare was the war in the early 1990s that caused destruction of the stock of productive capital as well as largescale movements of the population. This combined with the dislocation of private social safety nets and social capital has affected living standards and the vulnerability of the population to further economic shocks.


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