The Crisis Hits Home: Stress Testing Households in Europe and Central Asia

Year
2010
Type(s)
Author(s)
Erwin Tiongson, Victor Sulla, Ashley Taylor, and Naotaka Sugawara
Source
VoxEU Column, April 14, 2010
Url
https://cepr.org/voxeu/columns/crisis-hits-home-stress-testing-households-europe-and-central-asia

The global crisis threatens the welfare of over 160 million people living around the poverty line in Europe and Central Asia. This column reports the findings of a recent World Bank analysis in the region. It estimates that the crisis will result in close to 35 million more people living around the poverty line.