Chronic poverty and income inequality in Georgia : Economic-statistical research

Poverty alleviation remains one of the key challenges for Georgia, as for any sovereign country. According to our calculations, in 2016, every seventh family consumed less than the subsistence minimum. Further, following a significant decrease in 2012-2014, the poverty level did not substantially change in 2015-2016; which means that the mentioned decrease might be of episodic nature and, there is serious risk of an increase in the scale of poverty. In 2014-2016, the situation became even more complicated, since the trend of reduction in the difference between the income levels of the richest and the poorest people, observed before, almost came to a stop. This points to the need for further economic- statistical research into poverty and inequality, and the implementation of a more effective policy for poverty reduction.