Poverty Reduction and Shared Prosperity in Moldova

World Bank Group

Poverty Reduction and Shared Prosperity in Moldova

2016

World Bank Group

Moldova has experienced rapid economic growth in the past decade, which has been accompanied by reductions in poverty and good performance in shared prosperity. Nonetheless, Moldova remains one of the poorest countries in Europe and faces challenges in sustaining the progress. The challenges for progress include spatial and cross-group inequalities, particularly because of unequal access to assets, services and economic opportunities. Moreover, strengthening the persistently weak labor markets to boost employment, especially in the nonfarm sectors, is critical for sustaining progress toward the twin goals of reducing poverty and expanding shared prosperity and for addressing the problems associated with an aging population in a fiscally responsible manner. Accordingly, ensuring the viability of the pension system and improving social assistance are necessary areas of reform, particularly in a context of fiscal pressures, the aging population, and the great vulnerability of the poor to shocks. The Moldova poverty assessment 2016 includes three prongs of analysis: this report, which explores trends and the drivers of poverty and shared prosperity, and the accompanying analyses, ‘a jobs diagnostic for Moldova’ and ‘structural transformation of Moldovan small-holder agriculture and its poverty and shared prosperity impacts.’ The jobs diagnostic explores the main labor demand and supply challenges in Moldova in more detail, while the analysis of structural transformation focuses on the agricultural sector and whether it can become a driver of progress.

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AGROVOC Keywords

access to markets agricultural products agricultural sector agricultural workers drought economic growth farm income farm sector farmers farmland food prices food security health insurance household budget household consumption household income human capital income insurance land ownership living standards migration nonfarm income nutrition pensions population poverty poverty reduction remittances rural areas rural poor rural population rural poverty rural welfare sanitation savings small farms social policies targeting unemployment urban areas

Bibliographic information

Other Subjects

Farm households; Poor; Agricultural policy; Impact on poverty; Agricultural wages; Agricultural employment; Labor markets; Smallholder farming; Equitable access; Household welfare; Household composition; Food bundle; Progress; Child allowances; Rural; Rural men; Smallholder farms; Poverty line; Smallholder agriculture; Commercial farms; Incidence of poverty; Poor household; Income inequality; Poverty incidence; Poverty gap; Rural household; Household heads; Measures; Poverty persistence; Poor households; Poverty measures; Income growth; Poverty assessment; Food poverty line; Rural people; Agricultural shocks; Lack of information; Employment in agriculture; Chronically poor; Upward economic mobility; Inequality; Household head; Rural populations; Food poverty; Poor people; Absolute poverty; National poverty line; Rural growth; Rural households; Economic shocks; Household size; Poor health; Employment status; Poverty poverty; Employment source; Transfers; Poverty rates; Farm output; Social programs; Poverty indicators; Agricultural incomes; Remote areas; Employment opportunities; Rural residents; Risks; Poverty measurement; Poverty threshold; Social assistance; Access to services; Per capita consumption; Rural phenomenon; Rural workers; Poverty status; Farm production; Labor market policies; Coping behaviors; Private transfers; Welfare indicators; Poverty index; Negative externalities; Poor living; Poverty lines; National poverty; Poverty estimates

Language

English

In AGRIS since: 2021-06-15

Format: AGRIS AP

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This bibliographic record has been provided by World Bank

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Links

http://hdl.handle.net/10986/24734

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