Materijalno blagostanje u Srbiji – subjektivni indikatori
MATERIAL WELL-BEING IN SERBIA – SUBJECTIVE INDICATORS

Author(s): Vladimir S. Mentus
Subject(s): Politics / Political Sciences, Politics and society, Sociology of Politics
Published by: Институт друштвених наука
Keywords: material well-being; Serbia; subjective indicators; Europe
Summary/Abstract: This paper examines material well-being in Serbia measured by subjective indicators. The data comes from the last round of the European Quality of Life Survey, from 2016. Examined indicators are: satisfaction with standard of living, self-assessment of the households’ ability to make ends meet, self-assessment of the current households’ financial situation compared to the situation twelve months ago, and the concern about the potential insufficient personal income in old age. The results indicate a generally unfavorable situation of subjective material well-being in Serbia. In addition, a comparative analysis of material well-being in Serbia compared to other European countries is examined, measured by the same indicators. It shows relatively unfavorable situation in Serbia. In the discussion, the main explanations of the unfavorable situation of material well-being in Serbia are provided, that are based on the analysis of general economic policy in Serbia over the last two decades.

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