This paper presents a few of the latest statistics on income poverty, growth and inequality, and makes a case about the need not only to monitor current poverty, but also to reduce future poverty. An assessment of the trends in household vulnerability to income poverty is made for the years 2000, 2003, and 2006. Measurement of household vulnerability is based on the use of a modified probit model, income data from the Family Income and Expenditure Survey, as well as the official poverty lines. Policy implications about the vulnerability assessment are also discussed.
Trends in Household Vulnerability
DISCUSSION PAPER SERIES NO. 2010-01