Abstract |
This article explores possibilities for extending the existing standard analyses of poverty in Bosnia and Herzegovina, based on monetary measures of poverty / welfare. Through the investigation of previous and available studies and related databases it is concluded that it is possible to create a new, non-monetary measures of poverty that can be used to determine multidimensional indicators of poverty. The paper proposes two new non-monetary measures of poverty: education and deprivation, which contribute to more accurate assessment and analysis of poverty in the country. On the basis of determined indicators of poverty, based on consumption, education and deprivation, conclusions about the state of poverty in the country and recommendations for the future researches are given. |