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Poverty in BiH: The product of inefficient economic policies

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Since there were no visible developmental changes in the BiH during the last two decades, so neither its population felt the benefits that were persistently offered to them through many preelection and election campaigns by political representatives,yet. But in the long run, "hope dies last". Unfortunately, the promised neoliberal society led BiH, as more or less all transition countries in the region and beyond, on the edge of poverty. Truly, a small number of those "worldly-wise, felt the benefits of "neoliberal capitalism" quiet well, because they took everything that could have been taken - robbed legally. Society has been brought on the brink of disaster: all promising production capacities were destroyed - their workers are left to fend for themselves by walking along the streets and demanding their rights. Many privatizations without any results and without the responsibility of originator were being implemented. All domestic banks were more or less destroyed and some foreign banks appeared and they further impoverish/deplete already impoverished population by giving them loans with high interest rates, and it is normal for them to gain amounts to the parent headquarters. Authorities are changed sometimes but they are working by the same matrix - they are competing who will borrow more. On the other hand, those citizens, who persistently choose irresponsible and inefficient politicians, bear some responsibility. What is the perspective of a society that has more pensioners than workers? What perspective do young and educated people have, who fill in the lists of unemployed people in the employment bureau for decades and more? All things mentioned above, and the facts that are not mentioned, are the cause for alarm, because the number of unemployed people in BiH is increasing every day. This phenomenon is witnessed by the words so called "the poverty line", more widespread in everyday jargon, instead of some preferable words that would speak of progress, prosperity and happier life of the population in BiH.
Centre for Evaluation in Education and Science (CEON/CEES)
Title: Poverty in BiH: The product of inefficient economic policies
Description:
Since there were no visible developmental changes in the BiH during the last two decades, so neither its population felt the benefits that were persistently offered to them through many preelection and election campaigns by political representatives,yet.
But in the long run, "hope dies last".
Unfortunately, the promised neoliberal society led BiH, as more or less all transition countries in the region and beyond, on the edge of poverty.
Truly, a small number of those "worldly-wise, felt the benefits of "neoliberal capitalism" quiet well, because they took everything that could have been taken - robbed legally.
Society has been brought on the brink of disaster: all promising production capacities were destroyed - their workers are left to fend for themselves by walking along the streets and demanding their rights.
Many privatizations without any results and without the responsibility of originator were being implemented.
All domestic banks were more or less destroyed and some foreign banks appeared and they further impoverish/deplete already impoverished population by giving them loans with high interest rates, and it is normal for them to gain amounts to the parent headquarters.
Authorities are changed sometimes but they are working by the same matrix - they are competing who will borrow more.
On the other hand, those citizens, who persistently choose irresponsible and inefficient politicians, bear some responsibility.
What is the perspective of a society that has more pensioners than workers? What perspective do young and educated people have, who fill in the lists of unemployed people in the employment bureau for decades and more? All things mentioned above, and the facts that are not mentioned, are the cause for alarm, because the number of unemployed people in BiH is increasing every day.
This phenomenon is witnessed by the words so called "the poverty line", more widespread in everyday jargon, instead of some preferable words that would speak of progress, prosperity and happier life of the population in BiH.

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