The Best Little Country In …Which to Be At Risk of Poverty.

after the congratulations of the Forbes report on us being the best little country in the world in which to do business, here are two charts that might make us take pause…

Both are from a new ESRI study. They are on relative poverty risk in the EU. It looks at what is called the “at Risk of Poverty Rate” AROP. This is defined as

The at-risk-of-poverty rate before social transfers is the share of persons with an equivalised disposable income, before social transfers, below the risk-of-poverty threshold, which is set at 60% of the national median  equivalised disposable income (after social transfers).

Think of it as just at risk of poverty.

First, across the EU.

Yes.. we are number one. Without state transfers fully 1/2 of the population would be at risk of poverty. But it gets more stark…look over time. We have seen the largest increase in AROP since 2005.
This, this is success?




2 thoughts on “The Best Little Country In …Which to Be At Risk of Poverty.

  1. Pingback: Meanwhile, Not In Forbes |

  2. Enda

    But after taxes and transfers we’ve a lower risk of poverty than the EU-15 average? Although the trend is bad, the level is decent?


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s