This note describes the trends in, andcomposition of, absolute poverty based on householdexpenditures, and is thus concerned, as a matter of policyobjectives, with access of the population to a particularminimum standard of living. This should be viewed ascomplementary to the companion note on social exclusionbased on Europe 2020 indicators including the relativeat-risk-of-poverty (AROP) rate, focuses on low income inrelation to other residents in a given country. In additionto the analysis of absolute poverty, the note also presentsan analysis of inclusive growth, aimed at assessing whetherincome growth (losses) benefit (impact) differentially thelowest part (here, bottom forty percent) of thedistribution. Other approaches, such as those includingmeasures of poverty based on current income, orself-reported measures of affordability, or approached thatdiffer in the way they set the poverty threshold exist. Thechoice of World Bank’s methodology for purposes of thisreport is primarily on pragmatic grounds: (i) it allows forthe analysis of trends during 2007-2011; (ii) the samemethodology was adopted in the previous report (World Bank2009) to analyze poverty trends during 2004-2007, thusproviding a longer trend; (iii) it allows for comparisons oftrends across the entities of BiH.
PDF
download
878987797
028-85220240
