Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges
This note uses data from the Bhutan living standards survey (BLSS) for 2007, 2012, and 2017 to examine trends in poverty reduction and shared prosperity and to assess the drivers of poverty reduction in the last decade. The note documents the remar...
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okr-10986-333662021-05-25T09:32:52Z Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges World Bank DEMOGRAPHIC AND HEALTH SURVEY POVERTY ASSESSMENT POVERTY REDUCTION SHARED PROSPERITY EQUITY HYDROPOWER EMPLOYMENT JOB CREATION AGRICULTURAL PRODUCTIVITY VULNERABILITY POVERTY MEASUREMENT This note uses data from the Bhutan living standards survey (BLSS) for 2007, 2012, and 2017 to examine trends in poverty reduction and shared prosperity and to assess the drivers of poverty reduction in the last decade. The note documents the remarkable progress that Bhutan has made in reducing poverty, sharing prosperity, and improving other measures of well-being. To this end, it first establishes a poverty trend that is measured in a consistent manner over time. The resulting poverty trend deviates from official poverty rates for mainly two reasons: (a) the consumption aggregate is being measured in a consistent way over time, resulting in a different distribution of consumption in each survey year; and (b) the 3.20 dollars World Bank poverty line for lower middle-income countries is used as the cut-off to define poverty. Poverty reduction was helped by improved earnings in the commercial agriculture sector. Moreover, vulnerability has remained high, partly because farmers are exposed to various uninsured risks, including price shocks, but also because the social protection system is weak overall and nonfarm diversification is low. Going forward, it will be important to continue increasing agricultural productivity and creating productive jobs outside of the agriculture sector. Proper prioritization and sequencing of policies may also help in this regard. 2020-02-21T16:18:48Z 2020-02-21T16:18:48Z 2019 Report http://documents.worldbank.org/curated/en/453601581395382618/Poverty-Vulnerability-and-Welfare-in-Bhutan-Progress-and-Challenges http://hdl.handle.net/10986/33366 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Poverty Assessment South Asia Bhutan |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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World Bank |
language |
English |
topic |
DEMOGRAPHIC AND HEALTH SURVEY POVERTY ASSESSMENT POVERTY REDUCTION SHARED PROSPERITY EQUITY HYDROPOWER EMPLOYMENT JOB CREATION AGRICULTURAL PRODUCTIVITY VULNERABILITY POVERTY MEASUREMENT |
spellingShingle |
DEMOGRAPHIC AND HEALTH SURVEY POVERTY ASSESSMENT POVERTY REDUCTION SHARED PROSPERITY EQUITY HYDROPOWER EMPLOYMENT JOB CREATION AGRICULTURAL PRODUCTIVITY VULNERABILITY POVERTY MEASUREMENT World Bank Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
geographic_facet |
South Asia Bhutan |
description |
This note uses data from the Bhutan
living standards survey (BLSS) for 2007, 2012, and 2017 to
examine trends in poverty reduction and shared prosperity
and to assess the drivers of poverty reduction in the last
decade. The note documents the remarkable progress that
Bhutan has made in reducing poverty, sharing prosperity, and
improving other measures of well-being. To this end, it
first establishes a poverty trend that is measured in a
consistent manner over time. The resulting poverty trend
deviates from official poverty rates for mainly two reasons:
(a) the consumption aggregate is being measured in a
consistent way over time, resulting in a different
distribution of consumption in each survey year; and (b) the
3.20 dollars World Bank poverty line for lower middle-income
countries is used as the cut-off to define poverty. Poverty
reduction was helped by improved earnings in the commercial
agriculture sector. Moreover, vulnerability has remained
high, partly because farmers are exposed to various
uninsured risks, including price shocks, but also because
the social protection system is weak overall and nonfarm
diversification is low. Going forward, it will be important
to continue increasing agricultural productivity and
creating productive jobs outside of the agriculture sector.
Proper prioritization and sequencing of policies may also
help in this regard. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
title_short |
Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
title_full |
Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
title_fullStr |
Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
title_full_unstemmed |
Poverty, Vulnerability, and Welfare in Bhutan : Progress and Challenges |
title_sort |
poverty, vulnerability, and welfare in bhutan : progress and challenges |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/453601581395382618/Poverty-Vulnerability-and-Welfare-in-Bhutan-Progress-and-Challenges http://hdl.handle.net/10986/33366 |
_version_ |
1764478610936168448 |