DEFINITION OF THE POVERTY LINE - METHODOLOGICAL FEATURES

Vasil Tsanov

Abstract: The article examines the methodological differences in defining the poverty line. The positive and negative features of the three main approaches applied in world practice (absolute, relative and subjective) are being presented. The qualities and practical possibilities of the main methods for determining the poverty line are analysed. Evaluations show that methods based on statistical information have advantages over methods based on expert evaluation. The reliability and realism of the methods largely depend on the quality of the statistical information. The article thoroughly examines the qualities of the new methodology for determining the official poverty line in Bulgaria.

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Date published: 2020-10-23