Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of the GFC. This increase is due to a rise in market income inequality that was compounded by a reduction in fiscal redistribution. The redistributive role of direct taxation has...

This report aims to inform the discussion by summarizing recent World Bank analysis on the performance of the social safety net on the basis of the 2007 Multi-Topic Household Survey. It reviews the effectiveness of the main social safety net transfer programs in reducing poverty and assesses how...