Publication:
Poverty and Shared Prosperity in Belarus over the Past Decade: Trends, Drivers, and Challenges

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dc.contributor.authorMatytsin, Mikhail
dc.contributor.authorCojocaru, Alexandru
dc.date.accessioned2017-10-25T21:31:47Z
dc.date.available2017-10-25T21:31:47Z
dc.date.issued2017-06-22
dc.description.abstractThis paper has the goal of presenting the first comprehensive update of poverty, inequality and shared prosperity trends – and key drivers of these trends – since 2003 until 2015, that is starting with the end of the most recent poverty assessment published in 2004 and that covered the period 1997-2002. In addition to discussing the past trends, the paper also aims to present some emerging challenges to continued poverty reduction and inclusive growth in the near future. Relying on data from the Household Sample Survey, the paper focuses on the dynamics of the main sources of livelihood of households – labor income, pensions as well as direct transfers and indirect subsidies – as key contributors to the evolution of overall disposable incomes of households, in order to understand what lay behind the evolution of poverty and shared prosperity of the 2003-2015 period. The paper also complements the cross-sectional, but more detailed, look at the contribution of the Belarus fiscal system to poverty and inequality provided by the Commitment to Equity analysis (Bornukova, Shymanovich and Chubrik, 2017), by providing a temporal dimension. The evolution of poverty and shared prosperity in Belarus should be viewed in the context of rapid economic growth during 2000-2008, followed by a period of slower growth, and increased volatility, ending in recession.Growth in wages and pensions were the main drivers of shared prosperity in Belarus, particularly prior to the financial crisis, with an increasing importance of social transfers in the second half of the period.The recent deterioration of the external environment has shone a light on the degree of vulnerability of low income households and raises questions about the sustainability of past shared prosperity gains.While the economy faces multiple challenges, this paper highlights two challenges to inclusive growth, the prominence of which is being accentuated by the recent recession – the impact of population ageing, and the need to provide an adequate safety net in the context of ongoing reforms, notably in the utilities sector.Meanwhile, ongoing reforms in the utilities sector will diminish the support to households in the form of subsidized utilities prices, which, absent compensatory measures, can have a notable welfare impact.en
dc.identifierhttp://documents.worldbank.org/curated/en/763891507724073979/Poverty-and-shared-prosperity-in-Belarus-over-the-past-decade-trends-drivers-and-challenges
dc.identifier.doi10.1596/28581
dc.identifier.urihttps://hdl.handle.net/10986/28581
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSHARED PROSPERITY
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY LINE
dc.subjectPOVERTY ASSESSMENT
dc.subjectINEQUALITY
dc.subjectRECESSION
dc.subjectEMPLOYMENT
dc.subjectWAGES
dc.subjectPENSIONS
dc.subjectSAFETY NET
dc.subjectAGING POPULATION
dc.subjectUTILITY PRICES
dc.titlePoverty and Shared Prosperity in Belarus over the Past Decadeen
dc.title.subtitleTrends, Drivers, and Challengesen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titlePoverty and Shared Prosperity in Belarus over the Past DecadeTrends, Drivers, and Challenges
okr.date.disclosure2017-10-11
okr.doctypeEconomic & Sector Work::Poverty Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/763891507724073979/Poverty-and-shared-prosperity-in-Belarus-over-the-past-decade-trends-drivers-and-challenges
okr.guid763891507724073979
okr.guid145591508260870708
okr.identifier.doi10.1596/28581
okr.identifier.doihttps://doi.org/10.1596/28581
okr.identifier.externaldocumentum090224b0850b30b7_1_0
okr.identifier.internaldocumentum28062907
okr.identifier.report120346
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/763891507724073979/pdf/120346-WP-PovertyandSharedprospertityinBelarusTrendsdriversandChallenges-PUBLIC.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryBelarus
okr.themeEconomic management :: Analysis of economic growth
okr.themeSocial protection and risk management :: Poverty strategy, analysis and monitoring
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Employment and Shared Growth
okr.topicPoverty Reduction::Equity and Development
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Pro-Poor Growth
okr.unitPoverty GP ECA (GPV03)
relation.isAuthorOfPublicationbeb9a46e-10a4-5287-aa21-3fc6c041ff3e
relation.isAuthorOfPublication.latestForDiscoverybeb9a46e-10a4-5287-aa21-3fc6c041ff3e
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