Social problems/ How poverty is returning

01/07/2021 12:39 PM 0 komente

FacebookLinkedinTwitteremailPrintEconomic growth has lost productivity in recent years, because it is contributing less to poverty reduction. The World Bank’s Senior Economist on Poverty, Ana Maria Oviedo, estimated that between 2002 and 2008, in Albania, economic growth of 1% of GDP reduced poverty by 1.2%. After 2014, the elasticity of poverty growth fell. The 1% increase in GDP resulted in only 0.8% reduction of poverty. Monetary poverty and material deprivation increased in 7 municipalities in 2019 and general poverty returned to […]

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