Latvia - Sharing the High Growth Dividend : A Living Standards Assessment

Between 1998 and 2004, Latvia achieved substantial progress in poverty reduction, with an estimated 325,000 people moving out of poverty over this period. This report examines the extent and causes of poverty reduction during this period using data from a variety of sources, the national accounts, as well as household budget, labor force, and other household surveys. The report is divided into four sections; Chapter 1 summarizes recent economic developments. It reviews key changes in the Latvian economy over the past decade. It addresses growth trends at the sector level, summarizes changes in income and consumption, and identifies key labor market developments experienced by Latvia in recent years. Chapter 2 examines trends in poverty and inequality, and provides a poverty profile. It uses data from the household budget survey series to shed light on recent trends, and strives to resolve the apparent puzzle of why Laeken poverty indicators show no decline in poverty. The chapter also summarizes the main correlates of poverty, and elaborates on what explains differences in welfare status among different groups. Chapter 3 analyzes the main determinants of employment and earnings. It draws upon data from the labor force survey series, as well as from a recent representative survey of employees conducted in 2005 to examine the links between language skills and earnings. Finally, chapter 4 examines targeting effectiveness of various social assistance programs using data from the 2004 HBS. In particular, the analysis focuses on the coverage, adequacy, and targeting efficiency of the various transfer programs in operation (pensions, state social security benefits, local government assistance benefits, and state social benefits).

Bibliographic Details

Main Author:	World Bank
Format:	Poverty Assessment biblioteca
Language:	English en_US
Published:	Washington, DC 2007-03
Subjects:	ABSOLUTE POVERTY, ABSOLUTE POVERTY LINE, AGE GROUPS, AGGREGATE GROWTH, AVERAGE INCOME, AVERAGE INCOME LEVEL, AVERAGE INCOMES, CONSUMPTION PER CAPITA, CONTRACT ENFORCEMENT, CORRELATES OF POVERTY, DECLINE IN POVERTY, DEVELOPMENT INDICATORS, DISCRIMINATION, DROP IN POVERTY, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, ECONOMIC PERFORMANCE, ECONOMIC REFORMS, EDUCATION LEVEL, EDUCATIONAL ATTAINMENT, EMPLOYEE, EMPLOYMENT GROWTH, EMPLOYMENT IN AGRICULTURE, EMPLOYMENT RATE, EMPLOYMENT STATUS, ETHNIC GROUPS, EXPLANATORY VARIABLES, FOREIGN DIRECT INVESTMENT, GENDER DIFFERENCES, GINI COEFFICIENT, GOVERNMENT PROGRAMS, GROSS WAGE, GROWTH PERFORMANCE, GROWTH RATES, HEADCOUNT POVERTY, HIGH GROWTH, HIGH GROWTH RATE, HOUSEHOLD BUDGET, HOUSEHOLD HEAD, HOUSEHOLD SIZE, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HUMAN CAPITAL, IMPACT ON POVERTY, IMPACT ON POVERTY REDUCTION, INCOME, INCOME GROUPS, INCOME GROWTH, INCOME INEQUALITIES, INCOME INEQUALITY, INDUSTRIAL SECTOR, INEQUALITY, INEQUALITY LEVELS, INSURANCE, INTERNATIONAL POVERTY LINE, INTERNATIONAL TRADE, INVESTMENT CLIMATE, JOB TENURE, JOBS, LABOR COSTS, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR MARKET, LABOR MARKET INDICATORS, LABOR MARKET OUTCOMES, LABOR MARKETS, LABOR PRODUCTIVITY, LEVEL OF EDUCATION, LIVING CONDITIONS, LIVING STANDARDS, LOW POVERTY RATE, MANUAL OCCUPATIONS, MARKET ECONOMY, MIGRATION, NATIONAL ACCOUNTS, NATIONAL ACTION, NATIONAL ACTION PLAN, NATIONAL GOVERNMENT, OCCUPATION, OLDER WORKERS, OUTPUT GROWTH, PENSIONS, PER CAPITA CONSUMPTION, PER CAPITA GROWTH, PER-CAPITA INCOME, POOR, POVERTY COMPARISONS, POVERTY ESTIMATES, POVERTY GAP, POVERTY GAP INDEX, POVERTY HEADCOUNT RATE, POVERTY INCIDENCE, POVERTY INDICATORS, POVERTY LINE, POVERTY LINES, POVERTY MEASURE, POVERTY MEASURES, POVERTY PROFILE, POVERTY RATES, POVERTY REDUCTION, PRIVATE SECTOR, PROBIT REGRESSION, PROGRAM CATEGORIES, PROGRESS, PUBLIC SECTOR, PURCHASING POWER, REAL WAGES, REGIONAL INEQUALITIES, RETAIL TRADE, RURAL, RURAL AREAS, RURAL POVERTY, SECONDARY EDUCATION, SERVICE SECTOR, SERVICE SECTORS, SOCIAL ASSISTANCE, SOCIAL PROGRAMS, SOCIAL SECURITY, TARGETED TRANSFERS, TARGETING, TEMPORARY WORK, TERTIARY EDUCATION, TOTAL EMPLOYMENT, TOTAL FACTOR PRODUCTIVITY, TRANSFER PROGRAMS, TRANSITION COUNTRIES, UNEMPLOYED, UNEMPLOYED LABOR, UNEMPLOYMENT, UNEMPLOYMENT RATE, UNEMPLOYMENT RATES, URBAN AREAS, VULNERABLE GROUPS, WAGE DIFFERENTIAL, WAGE DIFFERENTIALS, WAGE DISTRIBUTION, WAGE GAP, WELFARE INDICATORS, WESTERN EUROPE, WORKERS, WORKFORCE,
Online Access:	http://documents.worldbank.org/curated/en/2007/03/7533232/latvia-sharing-high-growth-dividend-living-standards-assessment http://hdl.handle.net/10986/7980
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