Moldova Poverty and Shared Prosperity Update 2018
This note provides an update of recent poverty and shared prosperity dynamics, and some of the underlying drivers, as well as introducing the new international poverty thresholds that are currently in use. The purpose of the update is to take advan...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/282921536159970883/Moldova-Poverty-and-Shared-Prosperity-Update-2018 http://hdl.handle.net/10986/30468 |
| Summary: | This note provides an update of recent
poverty and shared prosperity dynamics, and some of the
underlying drivers, as well as introducing the new
international poverty thresholds that are currently in use.
The purpose of the update is to take advantage of the
release of Household Budget Survey (HBS) data for the 2016
survey round. The previous poverty and shared prosperity
update, release in 2017, updated poverty and shared
prosperity trends up to 2015. The first section discusses
the overall progress poverty reduction and shared prosperity
up to 2016 – the latest available household budget survey
data. Notably, the poverty dynamics are presented, for the
first time, using PPP values based on the 2011 ICP exercise,
and using the newly adopted Income Class poverty thresholds
of $3.3/day and $5.5/day. For the purposes of this note, we
focus on the $5.5/day threshold, but the section also
presents a comparative analysis of poverty dynamics based on
old and new thresholds. Because this is the first time when
internationally-comparable poverty and shared prosperity
statistics for Moldova are presented based on the ICP 2011
PPP conversion factors, and relying on newly defined
income-group based thresholds, the introduction has a brief
discussion of the reasons behind the change in the World
Bank’s poverty methodology used for global poverty
monitoring, and the implications of this change for poverty
trends over time and for the absolute levels of poverty
reported in Moldova. Section 2 discussed the major drivers
of shared prosperity during the 2011-2016 period. Section 3
examines the profile of poor and vulnerable populations,
their asset endowments, and changes in this profile in
recent years. |
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