1 / 12

Income gap between social groups , and impact of economic crisis on income gap

Ministry of Labour and Social Policy. Income gap between social groups , and impact of economic crisis on income gap. Warsaw, November 201 5. Department of Economic Analyses and Forecasts. Ministry of Labour and Social Policy. Economic crisis 2008-2009. Plan:

johnavon
Download Presentation

Income gap between social groups , and impact of economic crisis on income gap

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Ministry of Labour and Social Policy Income gap betweensocialgroups, and impact of economiccrisis on income gap Warsaw, November 2015 Department of Economic Analyses and Forecasts

  2. Ministry of Labour and Social Policy Economiccrisis 2008-2009 • Plan: • GDP Growth 2005-2014 • GDP growth in Poland – breakup • Income/expenditure – overalloutlook 2004-2014 • Incomeinequalitiesin Poland 2005-2014 • Income gap betweendifferentsocialgroups Warsaw, November 2015 Department of Economic Analyses and Forecasts

  3. Ministry of Labour and Social Policy Economiccrisis 2008-2009 • GDP per capita growth (annual %) Housing bubble bursts Nadir of the crisis Beginning of the Global Financial Crisis Source: World Bank Data Warsaw, November 2015 Department of Economic Analyses and Forecasts

  4. Ministry of Labour and Social Policy Economiccrisis 2008-2009 • Real GDP growth and contributions - Poland Source: EuropeanComissionForecast Warsaw, November 2015 Department of Economic Analyses and Forecasts

  5. Ministry of Labour and Social Policy Economiccrisis and itsimpactonhouseholdbudgets • Measured by Household Budget Survey (HBS) run by The Central Statistical Office of Poland (GUS). • HBS plays an important role in the analysis of living standards. It is the basic source of information on the revenues, outlays, foodconsumption and other aspects of living conditions of particular segments of the population. • HBS letsanalyzelivingconditions of 5 socio-economicgroups: • Employees • Self-employed • Farmers • Retirees • Pensioners • Resultsavailableon-line (alsoinEnglish): http://stat.gov.pl/en/topics/living-conditions/living-conditions/household-budget-survey-in-2014,2,9.html Warsaw, November 2015 Department of Economic Analyses and Forecasts

  6. Ministry of Labour and Social Policy Economiccrisis and itsimpact on income/expenditure – overalloutlook Source: Eurostat Warsaw, November 2015 Department of Economic Analyses and Forecasts Nadir of the of crisis

  7. Ministry of Labour and Social Policy Economiccrisis and itsimpact on income/expenditure – overalloutlook Source: Eurostat Warsaw, November 2015 Department of Economic Analyses and Forecasts

  8. Ministry of Labour and Social Policy Inequalities – Ginicoefficient GINI Coefficient source: Central Statistical Office (HBS), Eurostat (EU-SILC), Social Diagnosis Warsaw, November 2015 Department of Economic Analyses and Forecasts

  9. Ministry of Labour and Social Policy Inequalities – Ginicoefficient invarioussocio-economicgroups GINI Coefficientin socio-economicgroups source: Central Statistical Office (HBS) Warsaw, November 2015 Department of Economic Analyses and Forecasts

  10. Ministry of Labour and Social Policy Incomeinvarioussocio-economicgroups Medium monthly receipts per capita in households by socio-economic groups in PLN source: Central Statistical Office (HBS) Warsaw, November 2015 Department of Economic Analyses and Forecasts

  11. Ministry of Labour and Social Policy Summary • Poland did not sufferfromthe 2008-2009 economiccrisis as it was thecasewiththe US and theeurozone (domesticdemand and exports). • Thecrisisdidcauseeconomicslowdownwithitsnegativeimpact on householdbudgetsmainlyin 2011-2012. • Despitetheslowdown, theavaragenominalavailableincomehasbeengrowing. • Income inequalitieshaveremained stable, orevendecreased, if one goes back to 2003 • By socio-economic groups— self-employedhavethe highest income per capita in the family, whilefarmers—thelowest Warsaw, November 2015 Department of Economic Analyses and Forecasts

  12. Income gap betweensocialgroups Ministry of Labour and Social Policy Thank you for your attention Cezary.Gawel@mpips.gov.pl Warsaw, November 2015 Department of Economic Analyses and Forecasts

More Related