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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Main Authors: Cojocaru, Alexandru, Matytsin, Mikhail
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/282921536159970883/Moldova-Poverty-and-Shared-Prosperity-Update-2018
http://hdl.handle.net/10986/30468
id okr-10986-30468
recordtype oai_dc
spelling okr-10986-304682021-05-25T09:18:06Z Moldova Poverty and Shared Prosperity Update 2018 Cojocaru, Alexandru Matytsin, Mikhail SHARED PROSPERITY POVERTY RATE INEQUALITY HOUSEHOLD CONSUMPTION GINI INDEX DEPENDENCY RATIO 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. 2018-10-01T16:36:42Z 2018-10-01T16:36:42Z 2018-09-05 Report http://documents.worldbank.org/curated/en/282921536159970883/Moldova-Poverty-and-Shared-Prosperity-Update-2018 http://hdl.handle.net/10986/30468 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Poverty Assessment Economic & Sector Work Europe and Central Asia Moldova
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SHARED PROSPERITY
POVERTY RATE
INEQUALITY
HOUSEHOLD CONSUMPTION
GINI INDEX
DEPENDENCY RATIO
spellingShingle SHARED PROSPERITY
POVERTY RATE
INEQUALITY
HOUSEHOLD CONSUMPTION
GINI INDEX
DEPENDENCY RATIO
Cojocaru, Alexandru
Matytsin, Mikhail
Moldova Poverty and Shared Prosperity Update 2018
geographic_facet Europe and Central Asia
Moldova
description 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.
format Report
author Cojocaru, Alexandru
Matytsin, Mikhail
author_facet Cojocaru, Alexandru
Matytsin, Mikhail
author_sort Cojocaru, Alexandru
title Moldova Poverty and Shared Prosperity Update 2018
title_short Moldova Poverty and Shared Prosperity Update 2018
title_full Moldova Poverty and Shared Prosperity Update 2018
title_fullStr Moldova Poverty and Shared Prosperity Update 2018
title_full_unstemmed Moldova Poverty and Shared Prosperity Update 2018
title_sort moldova poverty and shared prosperity update 2018
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/282921536159970883/Moldova-Poverty-and-Shared-Prosperity-Update-2018
http://hdl.handle.net/10986/30468
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