English, Article, Journal or magazine article edition: Poverty, Inequality and Policy Affecting Vulnerable Groups in Moldova Giovanni Andrea Cornia; UNICEF Innocenti Research Centre

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Bookmark: http://trove.nla.gov.au/version/51688
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Poverty, Inequality and Policy Affecting Vulnerable Groups in Moldova
Author
  • Giovanni Andrea Cornia
  • UNICEF Innocenti Research Centre
Physical Description
  • preprint
Notes
  • This paper analyzes the changes that have intervened in the field of income poverty and human poverty since the onset of the transition in Moldova. With a biblical contraction of GDP, a fast rise in inequality, a drop in social expenditure and a weakening of civil society, most indicators of income poverty and human poverty deteriorated sharply since 1991. A clear improvement is evident since 2001, but most indicators of wellbeing still have to recover their pre-transition levels. There is some scope for social and macroeconomic policy to help reducing the negative inheritance of the first ten years of transition. Macroeconomic policy is rather deflationary, and keeps aggregate growth below what is needed to eradicate poverty quickly while paying little attention to its impact on inequality. There is room therefore to place greater emphasis on an equitable pro-poor growth characterized by greater investment in agriculture and higher overall employment intensity, as well as a better allocation of migrant remittances and stronger social policies.
  • child poverty; education; family policy; social policy;
  • Baltic States; Central Europe; Eastern Europe; Russia;
  • RePEc:ucf:inwopa:inwopa06/​37
Language
  • English
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