Type | Report |
Title | Jobless Growth with Poverty Persistence in Transition An Analysis of Recent Trends in Moldova |
Author(s) | |
Publication (Day/Month/Year) | 2008 |
URL | http://siteresources.worldbank.org/INTDEBTDEPT/Resources/468980-1218567884549/5289593-1224797529767/MoldovaDFSG01.pdf |
Abstract | After the deep economic recession and the steep increase in poverty of the 1990s, Moldova has started to recover with sustained output growth and poverty reduction since 1999. This has led analysts to argue that output growth determined a reduction in poverty and that the process of transition and restructuring was finally delivering its first results after a decade of turmoil. Two anomalies have emerged more recently: 1. Jobless growth: Output growth has not been accompanied by employment growth as we should expect. The employment rate has stalled or declined during the entire growth period between 1999 and 2007; 2. Growth with poverty persistence: The poverty headcount index has stalled or increased since 2003 despite continued output growth. Poverty estimations carried out with different methodologies are consistent in finding that poverty has not declined further during the period 2003-2006. |
» | Moldova - Population Census 2004 |