Gorana Krstić

Gorana Krstić

Nationality: Serbian

Lives in: Belgrade, Serbia


Gorana Krstić graduated from the Faculty of Economics, University of Belgrade in 1990 and finished her master’s studies in Statistics at the University of Belgrade in 1996. She obtained her PhD in Economics at School of Social Sciences, Sussex University in 2002.

She is Full Professor at the Faculty of Economics, University of Belgrade. Her main research interests are labour markets, inequality, informal economy, poverty and social policy. She has published (and edited) 12 books in these fields and has had more than 40 articles published in both national and international journals. She has published in refereed journals such as the Economic Systems, Economics of Transition and Panoeconomicus. She is co-author (and co-editor) of Formalizing the Shadow Economy in Serbia, Policy Measures and Growth Effects, (Springer, 2015).

She has been consulting for leading international agencies, including the World Bank, UNDP, ILO, EC and USAID. She has been World Bank consultant for the labour market, poverty and social policy for the regions of South Europe, Caucasus, and Central Asia. She has won a few competitions for individual and institutional research for which she was the team leader (National Bank of Serbia, Vienna Institute for International Studies, UNDP, UN, USAID). She has also participated in a number of congresses, seminars and workshops in Serbia and abroad.


Personal statement

There is a huge literature on income inequality, but so far little of it has applied to countries of the former Yugoslavia (Serbia, Bosnia, Croatia and Slovenia). Policymakers’ interest in the problem of inequality has been quite limited, despite Serbia and Bosnia facing very high, and still rising, income inequality. Both countries have the highest income inequality in Europe, as measured by the Gini coefficient.

Our team’s proposed research promises to provide in-depth analysis of the main drivers of inequality in these countries. Our objective is to establish whether weaker redistribution through taxes and social transfers is the main cause of much higher inequality of disposable income in Serbia and Bosnia compared to Slovenia and Croatia or is it due to more unequal market distribution of labour and capital incomes. The proposed research will provide new evidence for designing improved policies to reduce income inequality in these countries in relation to tax-benefit systems, labour market policies and education policies.

This project should in the first place help in putting this topic on the agenda of policymakers and also help general public in these countries to understand statistics on inequality, its drivers and consequences.