Inequality in Income, Wealth, and Consumption Trends in the Western Balkans
This chapter looks at income, consumption, and inequality trends in the Western Balkans, a region still coping with incomplete transition and the legacies of the boom-bust cycle, as most clearly reflected in still-high unemployment rates. The chapter thus presents trends in inequality in the broader context of persistent unemployment and perceptions of high and rising inequality. It is fundamentally a story of transition, the process, still unfinished, of moving from a system with an ‘employer of last result’ and resulting job security, to one with income gains for at best some parts of the population, but widening inequality and increasing uncertainty, translating into reform fatigue and general feelings of discontent with the process of transition.