1.

Record Nr.

UNINA9910815006003321

Titolo

The crisis hits home : : stress-testing households in Eastern Europe and Central Asia / / Erwin R. Tiongson ... [and others]

Pubbl/distr/stampa

Washington, D.C. : , : World Bank, , c2010

ISBN

1-282-46131-1

9786612461316

0-8213-8223-3

Descrizione fisica

xx, 81 pages : illustrations ; ; 26 cm

Altri autori (Persone)

TiongsonErwin

Disciplina

339.4/20947

Soggetti

Households - Economic aspects - Europe, Eastern

Households - Economic aspects - Asia, Central

Cost and standard of living - Europe, Eastern

Cost and standard of living - Asia, Central

Europe, Eastern Economic conditions 21st century

Asia, Central Economic conditions 21st century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 75-77).

Nota di contenuto

Contents; Acknowledgments; Abbreviations; Executive Summary; Figures; Chapter 1 Macroeconomic Shocks; Chapter 2 Household Vulnerabilities; Boxes; Chapter 3 Coping with the Crisis; Appendix; Tables; References; Notes

Sommario/riassunto

The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households-transmitted via credit market shocks, price shocks, and income shocks-this report finds that adverse effects are widespread and that poor and non-poor households alike are vulnerable. By 2010, for the region as a whole, some 11 million more people will likely be in poverty and over 23 million more people will find the