Living Standards and Poverty in Moldova
Poverty in Moldova is widespread and endemic, with poverty rates averaging 60 percent from 1997 to 2002. As a starting point for a profile of poverty rates and a description of recent trends, it is useful to put the macroeconomic situation in cont...
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Language: | English en_US |
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World Bank, Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/11/25486905/living-standards-poverty-moldova http://hdl.handle.net/10986/23361 |
Summary: | Poverty in Moldova is widespread and
endemic, with poverty rates averaging 60 percent from 1997
to 2002. As a starting point for a profile of poverty rates
and a description of recent trends, it is useful to put the
macroeconomic situation in context2. Following significant
declines in GDP in the early nineties, GDP per capita began
to recover through 1997, only to suffer due to vulnerability
of the Moldovan economy to the Russian crisis. GDP fell by
more than 6 percent in 1998; by 1999, GDP per capita was
similar to levels in 1994. Overall, GDP declined by over 65
percent between 1990 until 2000. The movement in the poverty
rate in recent years has paralleled these significant
macroeconomic developments. In the context of the rapid
economic changes in Moldova, the objective of this report is
to examine multiple indicators of well-being to provide
greater insight into the profile and dynamics of poverty in
Moldova. A profile of poverty is crucial to the design of
effective anti-poverty measures that will enable the country
to reduce poverty more effectively while promoting economic
growth. The next sections of this report describe: (i) an
overview of expenditure-based poverty and inequality
measures, (ii) international comparisons (iii) non-income
based measures of poverty, (iv) poverty profile and changes
in risk, (v) patterns of poverty during crisis and recovery,
and (vi) recommendations for improving the monitoring of
poverty and living standards. |
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