Review article
Income distribution and analysis of poverty in the Republic of Croatia
Vladimir Cini
Nataša Drvenkar
Jelena Marić
Abstract
This paper elaborates the issues of inequality in income and wealth distribution, looking especially into
the origins of income inequality, the poverty problem and ways to fight poverty. Inequality in income distribution
is definitely related to poverty, of which there are three kinds: relative poverty, moderate poverty
and extreme (absolute) poverty. The last kind is endured by some 40% of the total world population.
Furthermore, the issues of poverty in Croatia are examined, comparing the country’s poverty indicators
with those in the EU. Since Europe is not immune to this problem, EU countries have recently launched
national programmes in an attempt to eradicate poverty. Some new ideas how to fight poverty and inequality
are presented at the end of the paper, such as microcredits offered by the Grameen Bank, insurance
against inequality that aims to reduce it by reorganizing the tax system, and the idea of achieving sustainable
development within each country.
Keywords
income distribution; inequality; poverty; economic development
Hrčak ID:
70562
URI
Publication date:
10.7.2011.
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