Economic mobility in Europe and central Asia : exploring patterns and uncovering puzzles

"Substantial upward economic mobility in the majority of countries in Europe and Central Asia in the 2000s translated into achievements in reducing poverty and boosting shared prosperity. Although factors associated with upward mobility vary significantly by country, education and jobs undoubte...

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Main Authors: Cancho, Cesar A., Dávalos, María E., Demarchi, Giorgia, Meyer, Moritz, Sanchez Paramo, Carolina
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2015
World Bank
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19114167124919323499-economic-mobility-in-europe-an.htm
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author Cancho, Cesar A.
Dávalos, María E.
Demarchi, Giorgia
Meyer, Moritz
Sanchez Paramo, Carolina
author_facet Cancho, Cesar A.
Dávalos, María E.
Demarchi, Giorgia
Meyer, Moritz
Sanchez Paramo, Carolina
collection Library items
description "Substantial upward economic mobility in the majority of countries in Europe and Central Asia in the 2000s translated into achievements in reducing poverty and boosting shared prosperity. Although factors associated with upward mobility vary significantly by country, education and jobs undoubtedly play an important role in lifting households out of poverty and helping them to improve their living standards. This study finds there is a puzzling mismatch between the objective economic mobility patterns observed in survey data and people's subjective perception of their mobility. A majority of people in the region perceives they are worse off economically than in the past and voice frustration over limited opportunities to improve their lives. This disconnect is partly explained by increased inequality in the region, an increasing sense of unfairness in the processes to move up, and a more marked sense of insecurity and vulnerability. Although the region has been making headway in lifting households out of poverty, ensuring sustainable progress toward poverty reduction and shared prosperity requires policies that promote human capital accumulation, foster job creation, and offer adequate protection to improve households' resilience to shocks."
format TEXT
geographic Europe
Central Asia
id 19114167124919323499_418b633dfe6a4088b02b5a47e2aa9104
institution ETUI-European Trade Union Institute
is_hierarchy_id 19114167124919323499_418b633dfe6a4088b02b5a47e2aa9104
is_hierarchy_title Economic mobility in Europe and central Asia : exploring patterns and uncovering puzzles
language English
physical 56 p.
Digital
publishDate 2015
publisher Washington, DC
World Bank
spellingShingle Cancho, Cesar A.
Dávalos, María E.
Demarchi, Giorgia
Meyer, Moritz
Sanchez Paramo, Carolina
labour mobility
migration
social inequality
Economic mobility in Europe and central Asia : exploring patterns and uncovering puzzles
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=108372492655
title Economic mobility in Europe and central Asia : exploring patterns and uncovering puzzles
topic labour mobility
migration
social inequality
url https://www.labourline.org/KENTIKA-19114167124919323499-economic-mobility-in-europe-an.htm