The Poverty Reduction Capacity of Public and Private Transfers in Transition

Paolo Verme (1)

1 Economics

The transitional economies of the Former Soviet Union (FSU) have enjoyed an extraordinary period of growth and poverty reduction between 2000 and 2007 and this occurred in concomitance with significant increases in private and public transfers to households. The paper assesses the relative importance of these transfers for welfare and poverty in Moldova, the poorest country in Europe. A longitudinal analysis based on panel data reveals that private transfers and social insurance transfers are effective in improving welfare and reducing poverty whereas social assistance transfers have little or no effect and are in great need of restructuring.

Mots clés: Social Sciences & Humanities

Domaines: Sciences de l'Homme et Société

Paolo Verme. The Poverty Reduction Capacity of Public and Private Transfers in Transition. The Journal of Development Studies, 2011, 47 (06), pp.870-893. ⟨10.1080/00220388.2010.514334⟩. ⟨hal-00711290⟩