Poverty Reduction and Shared Prosperity in Moldova : Progress and Prospects

Moldova has experienced rapid economic growth in the past decade, which has been accompanied by reductions in poverty and good performance in shared prosperity. Nonetheless, Moldova remains one of the poorest countries in Europe and faces challenge...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	SANITATION LIVING STANDARDS PER CAPITA CONSUMPTION POVERTY THRESHOLD POVERTY POVERTY HOUSEHOLD SIZE RISKS POVERTY LINE IMPACT ON POVERTY ECONOMIC GROWTH INCOME POVERTY ESTIMATES POVERTY RATES EMPLOYMENT OPPORTUNITIES EQUITABLE ACCESS NATIONAL POVERTY LINE HEALTH INSURANCE NATIONAL POVERTY POOR PEOPLE FARM INCOME FARM HOUSEHOLDS SOCIAL PROGRAMS SOCIAL ASSISTANCE RURAL POPULATION RURAL POOR LABOR MARKET POLICIES MEASURES POVERTY MEASURES SMALL FARMS POVERTY REDUCTION RURAL PEOPLE NONFARM INCOME RURAL POPULATIONS SAVINGS RURAL HOUSEHOLD RURAL HOUSEHOLDS HOUSEHOLD HEAD FOOD POVERTY LINE POOR HOUSEHOLD POVERTY GAP INCOME GROWTH INCOME INEQUALITY RURAL PHENOMENON POVERTY INCIDENCE UPWARD ECONOMIC MOBILITY MIGRATION POVERTY PERSISTENCE TRANSFERS AGRICULTURAL WAGES HOUSEHOLD COMPOSITION SMALLHOLDER AGRICULTURE HOUSEHOLD INCOME POOR HEALTH POVERTY STATUS LAND OWNERSHIP WELFARE INDICATORS FARMERS COMMERCIAL FARMS FARM SECTOR SMALLHOLDER FARMS HOUSEHOLD HEADS FARM OUTPUT AGRICULTURAL POLICY PROGRESS UNEMPLOYMENT CHILD ALLOWANCES POVERTY LINES AGRICULTURAL SHOCKS HUMAN CAPITAL FARMLAND FOOD SECURITY POVERTY INDEX DROUGHT FOOD POVERTY POVERTY MEASUREMENT FARM PRODUCTION PENSIONS CHRONICALLY POOR RURAL GROWTH COPING BEHAVIORS RURAL MEN AGRICULTURAL EMPLOYMENT EMPLOYMENT SOURCE RURAL POVERTY URBAN AREAS ABSOLUTE POVERTY AGRICULTURAL SECTOR EMPLOYMENT STATUS RURAL RURAL WORKERS NUTRITION HOUSEHOLD BUDGET ACCESS TO MARKETS PRIVATE TRANSFERS SOCIAL POLICIES EMPLOYMENT IN AGRICULTURE INSURANCE TARGETING POVERTY INDICATORS RURAL RESIDENTS AGRICULTURAL PRODUCTS AGRICULTURAL WORKERS ACCESS TO SERVICES SMALLHOLDER FARMING RURAL AREAS POVERTY AGRICULTURAL INCOMES FOOD BUNDLE INCIDENCE OF POVERTY HOUSEHOLD CONSUMPTION POPULATION POOR LIVING HOUSEHOLD WELFARE POOR POVERTY ASSESSMENT LACK OF INFORMATION FOOD PRICES REMITTANCES LABOR MARKETS ECONOMIC SHOCKS REMOTE AREAS RURAL WELFARE NEGATIVE EXTERNALITIES INEQUALITY POOR HOUSEHOLDS
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26480672/poverty-reduction-shared-prosperity-moldova-progress-prospects http://hdl.handle.net/10986/24734

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Summary:	Moldova has experienced rapid economic growth in the past decade, which has been accompanied by reductions in poverty and good performance in shared prosperity. Nonetheless, Moldova remains one of the poorest countries in Europe and faces challenges in sustaining the progress. The challenges for progress include spatial and cross-group inequalities, particularly because of unequal access to assets, services and economic opportunities. Moreover, strengthening the persistently weak labor markets to boost employment, especially in the nonfarm sectors, is critical for sustaining progress toward the twin goals of reducing poverty and expanding shared prosperity and for addressing the problems associated with an aging population in a fiscally responsible manner. Accordingly, ensuring the viability of the pension system and improving social assistance are necessary areas of reform, particularly in a context of fiscal pressures, the aging population, and the great vulnerability of the poor to shocks. The Moldova poverty assessment 2016 includes three prongs of analysis: this report, which explores trends and the drivers of poverty and shared prosperity, and the accompanying analyses, ‘a jobs diagnostic for Moldova’ and ‘structural transformation of Moldovan small-holder agriculture and its poverty and shared prosperity impacts.’ The jobs diagnostic explores the main labor demand and supply challenges in Moldova in more detail, while the analysis of structural transformation focuses on the agricultural sector and whether it can become a driver of progress.

Poverty Reduction and Shared Prosperity in Moldova : Progress and Prospects

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