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- W286825706 abstract "This study examines the impact of growth on poverty and inequality in Eastern Europe and the Former Soviet Union during 1998-2003. To measure poverty, an absolute poverty line of $2 a day is used, comparing it with household consumption per capita. This line is a closer approximation to basic material needs in the Region than the well-known global standard of $1 a day because of the additional expenditures on heating and warm clothing that are required by the cold climate. In terms of poverty levels, the Region is best thought of in four distinct subgroups of countries. The eight new member states of the European Union (EU-8) have low poverty (less than 5 percent) confined to specific subgroups of the population. Countries in Southeastern Europe (SEE) have generally moderate levels of poverty (around 5-20 percent). The same is true of the middle-income countries in the Commonwealth of Independent States (CIS). The low-income countries in the CIS, however, have extremely high levels of poverty (more than 40 percent). In addition to countries in these four subgroups, The Europe and Central Asia Region of the World Bank (ECA) also includes Turkey. Wherever possible, we treat Turkey as a 'benchmark' against which to evaluate the performance of post socialist countries in the Region. Turkey has moderate poverty." @default.
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- W286825706 date "2005-01-01" @default.
- W286825706 modified "2023-09-27" @default.
- W286825706 title "Eastern Europe and the Former Soviet Union - Growth, poverty, and inequality : overview" @default.
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