Smirnov, who is the head of the Department of World Economy and International Economic Relations at the Russian State University of Management, noted that all these countries have a per capita gross national income (GNI, the total value of all goods and services produced during the year on the territory of the country, plus income received by citizens of the country from abroad, minus income exported by the state) of no more than $6.1 thousand.
GDP is usually used in international comparisons of countries’ economic wealth, but when assessing how vulnerable a country’s economy is to poverty, GNI is used.
According to the expert, in the poorest countries mentioned above, the poverty level (i.e. the percentage of the population living below the poverty line) ranges from 17 to 24%.
In fact, North Macedonia and Albania, long-standing candidates for EU accession, remain among the poorest countries in Europe: in these two countries, the pace of economic growth remains erratic, a large part of the economy is not subject to official control, and unemployment rates remain very high.
Even in Bulgaria, a member of the European Union since 2007, there are systemic economic problems (e.g., high unemployment rates, especially among young people) that hinder poverty alleviation.
Source: finance.mail.ru
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2024-07-17 14:01:42
