Register-based Measurements of Poverty and Social Exclusion

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report emphasizes the importance of developing a robust methodology for assessing poverty and social exclusion in Croatia, leveraging the forthcoming Central Register of the Population to fill data gaps and improve monitoring [19][23][26] Summary by Sections Introduction - The European Union has committed to addressing poverty and social exclusion, aiming to lift at least 15 million people out of risk by 2030 through various funding mechanisms [19][21] - Croatia has made progress in reducing poverty, with the share of the population living on less than US$ 6.85 a day decreasing from 8.1% in 2011 to 1.8% in 2021, yet certain demographic groups remain vulnerable [19][21] Overview of Key Concepts and Data Sources in the EU - The report outlines the official definitions of poverty and social exclusion indicators required by Eurostat, highlighting the shift from survey-based to administrative data [29][30] - It discusses the concept of at-risk-of-poverty (AROP) as a key indicator, defined as the share of the population with an equivalized disposable income below 60% of the national median [31][34] Croatia's Central Register of the Population - The report assesses the development of Croatia's Central Register of the Population, detailing its objectives, timeline, and legal framework [3][3][3] - It highlights the potential of the Population Register to improve data quality and fill gaps in poverty and social exclusion measurement [3][3][3] Register-Based Poverty Measurements in Croatia - The report identifies existing AROP measures and data sources in Croatia, discussing challenges such as incomplete tax income data and under-reporting of income [4][4][4] - Recommendations for improving poverty measurement methodologies are provided, including approaches to address under-reporting and spatial price differences [4][4][4] Register-Based Measurements of Social Exclusion in Croatia - The report examines the existing approach to measuring social exclusion in Croatia and offers recommendations for enhancing measurement methodologies [5][5][5] - It emphasizes the need for simplified AROPE rates and the development of social exclusion indicators by domain [5][5][5] Institutional Set-Up for Tracking Poverty and Social Exclusion - The report suggests potential institutional arrangements for data collection, analysis, and reporting to effectively monitor poverty and social exclusion indicators [6][6][6] - It outlines the roles of various stakeholders in the proposed institutional models [6][6][6] Monitoring System for Poverty and Social Exclusion - A proposed monitoring system for tracking poverty and social exclusion indicators at subnational levels is detailed, including the collection and processing of indicators [7][7][7] - The report concludes with next steps for implementing the recommendations and enhancing the monitoring framework [8][8][8]