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The graph on the right shows the reduction in inequality (as measured by the Gini index) after taking account of taxes and transfers, that is, to which extent does each social model reduce poverty without taking into account the reduction in poverty provoked by taxes and transfers. The level of social expenditures is an indicator of the ...
Given the fear of the Cold War, many Western Europeans were afraid that poverty would make "the population vulnerable to communist propaganda" (Meurs 2018, p. 68), meaning that increasing prosperity would be beneficial to harmonise power between the Western and Eastern blocs, other than reconcile Member States such as France and Germany after WW2.
Poverty in France has fallen by 60% over thirty years. Although it affected 15% of the population in 1970, in 2001 only 6.1% (or 3.7 million people) were below the poverty line (which, according to INSEE 's criteria, is half of the median income ).
The main poverty line used in the Organisation of Economic Cooperation and Development (OECD) and the European Union (EU) is based on "economic distance", a level of income set at 60% of the median household income. [44] The United States federal government typically regulates this line to three times the cost of an adequate meal. [45]
Change in per capita GDP of France, 1820–2018. Figures are inflation-adjusted to 2011 international dollars. The economic history of France involves major events and trends, including the elaboration and extension of the seigneurial economic system (including the enserfment of peasants) in the medieval Kingdom of France, the development of the French colonial empire in the early modern ...
The table shows that in 1994, the actual rate of poverty (what the rate would be without government interventions) in the U.S. was 29%. When compared to actual rates in Canada (29%), Finland (33%), France (39%), Germany (29%), the Netherlands (30%), Norway (27%), Sweden (36%) and the United Kingdom (38%), the United States rate is low. But when ...
The survey looks at European Union income and living standards data for people aged 18 to 64 in 2021 and 2022, and considers their ability to afford a one-week annual vacation away from home as a ...
Poverty is widely understood to be multidimensional, comprising social, natural and economic factors situated within wider socio-political processes. The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses a poverty measure based on the U.S ...