Publication: Ukraine Poverty Update
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2007-06-20
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2007-06-20
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Ukraine recorded one of the sharpest declines in poverty of any transition economy in recent years. The poverty rate, measured against an absolute poverty line, fell from a high of 32 percent in 2001 to 14 percent in 2004, and then again to 8 percent in 2005. This Update presents simulations of the direct influence of an increase in energy prices on the poverty rate. Using 2005 as a base period, the simulations estimate the poverty rates that might result from alternative increases in the price of energy. In this simple model, the main determinant of the impact of the increase in energy prices on poverty is the share of energy in total household expenditures. An increase in energy prices will harm the poor slightly more than the rich because the poor have a slightly higher share of energy in their expenditures.
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“World Bank. 2007. Ukraine Poverty Update. © http://hdl.handle.net/10986/19244 License: CC BY 3.0 IGO.”
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