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Czech Republic - the lowest risk of poverty within EU27

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Joined: 16 May 2005
Posts: 268
Location: Prague

PostPosted: 18-Jan-10 16:28  Reply with quote

Living conditions in 2008 17% of EU27 population at risk of poverty Higher risk of poverty among children and elderly In 2008, 17% of the population in the EU27 were at risk of poverty. This means that their income after social transfers was below the poverty threshold1. Since 2005, the at-risk-of-poverty rate in the EU27 has been nearly stable, varying between 16% and 17%.

The highest at-risk-of-poverty rates in 2008 were found in Latvia (26%), Romania (23%), Bulgaria (21%), Greece, Spain and Lithuania (all 20%), and the lowest in the Czech Republic (9%), the Netherlands and Slovakia (both 11%), Denmark, Hungary, Austria, Slovenia and Sweden (all 12%).
The most importat reason for doing taiji is that when you finally reach the place where you understand what life is about, you'll have some health to enjoy it.
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Joined: 05 Jan 2004
Posts: 1500
Location: NY, USA

PostPosted: 21-Jan-10 23:54  Reply with quote

Hmmm ... they are calculating the poverty level in each country separately, by comparison to the median salaries in each country. All this says is that there is more salary equality in those countries with low "poverty risk," specifically among the lower half (salary-wise) of the populations--since they use a median, nothing can be said from these statistics about the salaries of the upper half of the population. The assumed poverty level also varies widely from country to country to a factor of 8 (and that's supposedly correcting for cost of living and price indexes)!

I'm just wary of how some people (yes, and even some scientists) draw conclusions based on statistics.

Still, it's an interesting article. Thanks for posting it!
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Joined: 16 Nov 2005
Posts: 1700
Location: East Bohemia

PostPosted: 22-Jan-10 12:42  Reply with quote

No wonder, that’s Eurostat, the official EU agency for twisted statistics.

This very statistics has nothing to do with science or reason, it’s a political criterion for distribution of EU subsidies. The criterion is result of lobbyism of the western leftists. Its purpose is to fight diversity under cover of fighting poverty and to eliminate most of the subsidies for new member states.

It’s interesting that Czech Statistical Office (CZSO) publish this data as “Eurostat Index of Relative Poverty”, in Eurostat’s official data it figures as “Index of Poverty” and in the Eurostat’s press release it is called “characteristic of poverty” (to say nothing of the names used by journalists Rolling Eyes).

You can get better figures directly from the CZSO (Eurostat only gathers stats from national offices), direct estimates of the income distribution (parametric estimates, histograms, kernel estimates of the density…) or some serious scientific indexes of income variability (Gini index…).

As for the significance of this information, it’s no news. The time series on income distribution are very stable and it is well-established fact that Czech Republic has highly uniform income (and wealth) distibution.
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