Ukraine Poverty Update
Ukraine recorded one of the sharpest declines in poverty of any transition economy in recent years. The poverty rate, measured against an absolute poverty line, fell from a high of 32 percent in 2001 to 14 percent in 2004, and then again to 8 perce...
Main Author: | |
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Format: | Policy Note |
Language: | English en_US |
Published: |
Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/06/8427445/ukraine-poverty-update http://hdl.handle.net/10986/19244 |
Summary: | Ukraine recorded one of the sharpest
declines in poverty of any transition economy in recent
years. The poverty rate, measured against an absolute
poverty line, fell from a high of 32 percent in 2001 to 14
percent in 2004, and then again to 8 percent in 2005. This
Update presents simulations of the direct influence of an
increase in energy prices on the poverty rate. Using 2005 as
a base period, the simulations estimate the poverty rates
that might result from alternative increases in the price of
energy. In this simple model, the main determinant of the
impact of the increase in energy prices on poverty is the
share of energy in total household expenditures. An increase
in energy prices will harm the poor slightly more than the
rich because the poor have a slightly higher share of energy
in their expenditures. |
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