Comparison of European Union Countries Based on Selected Indicators of Poverty and Social Exclusion
Comparison of European Union Countries Based on Selected Indicators of Poverty and Social Exclusion

Author(s): Ľubica Hurbánková, Lívia Krajčíková
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Poverty and social exclusion; The Distance from a Fictitious Object Method; European Union Countries
Summary/Abstract: The paper deals with the comparison of European Union countries. The aim of the paper is to evaluate these countries based on their ranking positions in terms of poverty and social exclusion in the year before the outbreak of the COVID-19 pandemic (year 2019) and after (year 2023). The countries are compared using three indicators – the percentage of the population severely socially and materially deprived, the percentage of the population living in households with very low work intensity and the percentage of the population unable to face unexpected financial expenses. The ranking of countries is based on the use of one of simple methods of multivariate comparison, namely the distance from a fictitious object method.

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