Abstract
The aim of the paper is to identify the key determinants of poverty in the Republic of Serbia. The secondary goal is to show that poverty can be reduced if the classic concept of treating poverty is abandoned and the concept of social exclusion accepted, the benefits of which are to look at causes and provide a basis for preventing the problem of poverty, rather than just attempting to remedy the consequences. In the paper, statistical-econometric models are applied which correspond to the defined goal of the empirical research, but also to the selected variables. Part of the data analysis was carried out on data collected through the Survey on Income and Living Conditions (EU-SILC). It is an instrument that is among the most relevant when it comes to monitoring poverty, inequality, social inclusion and living standards. The contribution of work is reflected in the development of the poverty research in the Republic of Serbia with the aim of complementing the scientific knowledge fund on the implementation of state measures and instruments in the context of stimulating economic growth and increasing the living standard of the population.