Macroeconomic dynamics and the at-risk-of-poverty population in Slovakia

• Authors: Ladislav Kabat
• Languages of publication: EN

Abstracts

EN

This paper deals with analysis and presentation of the core findings under the EU SILC 2009 project. Particularly we are oriented on study of the socially vulnerable groups of population identified according their income situation. As a sorting criterion for this purpose we use the standard methodology set by OECD and Eurostat. It means the 60% of the national median equivalized disposable income is applied for this criterion as the poverty threshold. The national income variable is firstly calculated as a total income for each surveyed household and dived by the equivalized size of household. By this procedure the households of various structures are transformed onto generally accepted scale. The special attention of our study is oriented on the cluster of population living on income below the poverty threshold. For this population we calculate so called social deficit. Through this value we show the volume of financial means needed to upgrade the living standard of the population living bellow poverty threshold at least to the poverty threshold level.Special section of the paper is devoted to study of relation among the core macroeconomic indicators (GDP per capita and GDP annual growth) and level and size of the at-risk-of-poverty population during the period of last economic development, including both economic growth and economic recession. According our tentative findings we did not find the significant impact of economic growth on the status of socially vulnerable population. This finding however should be studied in broader context, with longer time series of relevant data and with broader set of explanatory variables.

Keywords

EN

poverty; social exclusion; at-risk-of-poverty population; poverty threshold; income median

• Publisher: Sciendo
• Journal: Creative and Knowledge Society
• Year: 2011
• Volume: 1
• Issue: 1
• Pages: 20-32

Dates

published

2011-08-01

online

2011-10-29

Contributors

author

Ladislav Kabat

• Faculty of Economy and Business, Pan - European University, Tematínska 10, 851 05, Bratislava, Slovakia

References

• Eurostat: Combating Poverty and Social Exclusion, 2010
• Stiglitz, J., Sen, A., Fittoussi, J., P.: Report by the Commission on Measurement of the Economic Performance and Social Progress, Brussels-Paris, 2009
• Kuznets, S.: National Income, 1929-1932". 73rd US Congress, 2d session, Senate document no. 124, 1934
• Eurostat: Beyond GDP-Measuring Progress, True Wealth and the Well-being of Nations, International Conference, November 19-29, Brussels, 2007
• Kabát, L.: Analýza a meranie príjmovej situácie slovenských domácnosti v rámci projektu EU SILC, Štatistika a demografia, Bratislava, 2007
• Eurostat: Government Finance Statistics, Data 1996-2009, Brussels, 2010
• Kabát, L.: Nové prístupy k meraniu výsledkov ekonomického rastu a sociálneho rozvoja, in Firma a konkurenční prostředí, Mendlova univerzita Brno, 2009
• MPSVaR: Programové vyhlásenie vlády SR, august 2010
• Sen, A.: Conceptualizing and measuring poverty, in & poverty and Inequality, edited by D. Grusky and R. Kanbur, Stanford University Press, California, 2006

Identifiers

DOI

10.2478/v10212-011-0002-8