How the Crisis Changed the Pace of Poverty Reduction and Shared Prosperity

This report examines Armenia’s experience in reducing poverty and raising the welfare of the least well-off in the country in the years since 2009. What households spend on consumption is an indicator of their welfare. As the economy recovered from crisis, the least well-off enjoyed some growth in consumption spending, but not as much as in the years up to 2009. Moreover, growth has become less pro-poor in relative terms because the less well-off enjoyed lower growth in consumption than the better-off. As a result, although consumption did translate into a reduction in poverty, inequality is now higher than before 2009. In 2013, 32 percent of Armenia’s population lived below the national poverty line, a poverty rate higher than in pre-crisis years but down from the high of 35.8 percent in 2010. In fact, between 2012 and 2013, poverty reduction seems to have stalled. This report looks at the micro and macro aspects of Armenia’s poverty reduction experience to: (a) describe the key features of post-crisis poverty, inequality, and consumption growth; (b) examine the drivers of poverty reduction in this period; and (c) explore reasons why future growth might not be as pro-poor as in the past.

Bibliographic Details

Main Author:	World Bank Group
Format:	Report biblioteca
Language:	English English
Published:	World Bank, Washington, DC 2015-06
Subjects:	REGIONAL POVERTY LINES, PER CAPITA CONSUMPTION, GROWTH RATES, POVERTY POVERTY, HOUSEHOLD SURVEY, HOUSEHOLD SIZE, CONSUMPTION EXPENDITURES, AGRICULTURAL GROWTH, POVERTY LINE, ECONOMIC GROWTH, REGIONAL PATTERNS, OLD AGE, INCOME, POVERTY RATES, NATIONAL POVERTY LINE, TOTAL POVERTY, CONSUMPTION DATA, HOUSING, REGIONAL POVERTY LINE, POVERTY CHANGES, REDUCED POVERTY, MEAN GROWTH, FAMILY MEMBERS, INDUSTRIAL DEVELOPMENT, NATIONAL POVERTY, OLD AGE PENSION, POOR PEOPLE, POORER HOUSEHOLDS, ANNUAL GROWTH, CONSUMPTION AGGREGATE, CONSUMPTION GROWTH, POVERTY ASSESSMENT TEAM, SOCIAL ASSISTANCE, MEASURES, DRIVERS OF POVERTY REDUCTION, WAGE GROWTH, REGION, POVERTY REDUCTION, LABOR MARKET, PRO-POOR, REGIONAL POVERTY, SAVINGS, TECHNICAL ASSISTANCE, INCIDENCE ANALYSIS, RURAL HOUSEHOLDS, GROWTH PATTERN, FOOD POVERTY LINE, POVERTY GAP, INCOME GROWTH, TRANSFERS, INTERNATIONAL POVERTY LINE, HOUSEHOLD INCOME, AVERAGE MONTHLY PENSION, POVERTY STATUS, ESTIMATES OF POVERTY, CHRONIC POVERTY, EMPLOYMENT INCOME, CONSUMPTION EXPENDITURE, DIMENSIONAL POVERTY, SOCIAL PROTECTION, CONSUMPTION POVERTY, FARMERS, PROGRAMMATIC POVERTY ASSESSMENT, CHANGES IN POVERTY, POVERTY MAP, UNEQUAL DISTRIBUTION, AVERAGE GROWTH, PENSION INCOME, POVERTY PROFILE, ECONOMIC CONTRACTION, UNEMPLOYMENT, WELFARE DISTRIBUTION, POVERTY LINES, CONSUMPTION, SOCIAL SPENDING, REDUCING POVERTY, ECONOMIC REGIONS, CUMULATIVE DISTRIBUTION, POVERTY INDEX, FOOD POVERTY, PUBLIC EXPENDITURE, REDUCTION IN POVERTY, REGIONAL DIFFERENCES, HOUSEHOLD DATA, VULNERABLE GROUPS, DEVELOPMENT STRATEGY, DECOMPOSITION TECHNIQUES, BASIC INFRASTRUCTURE, POVERTY MAPPING, AGRICULTURAL EMPLOYMENT, AGRICULTURAL SECTOR, RURAL, INSURANCE, HUMAN HEALTH, TARGETING, POVERTY INDICATORS, RURAL RESIDENTS, REGIONS, GROWTH RATE, CORRELATES OF POVERTY, EXTREME POVERTY, REGIONAL OUTPUT, REGIONAL DEVELOPMENT, RURAL AREAS, POVERTY, HEALTH EXPENDITURE, AGRICULTURAL INCOMES, GINI COEFFICIENT, INCIDENCE OF POVERTY, HOUSEHOLD CONSUMPTION, CONSUMER PRICE INDEX, DECLINE IN POVERTY, POVERTY DYNAMICS, POVERTY RATE, POOR, POVERTY ASSESSMENT, LACK OF INFORMATION, MICRO DATA, PUBLIC SPENDING, DEVELOPMENT INDICATORS, SELF-EMPLOYMENT, DOMESTIC LABOR, INEQUALITY, GROWTH, POOR HOUSEHOLDS,
Online Access:	http://documents.worldbank.org/curated/en/2016/01/25840683/armenia-poverty-assessment-crisis-changed-pace-poverty-reduction-shared-prosperity https://hdl.handle.net/10986/23699
Tags:	Add Tag No Tags, Be the first to tag this record!