Poverty in Italy and Europe:
the phenomenon, its characteristics and new trends
Using Istat and Eurostat data, the paper analyzes, first of all, the
incidence of poverty in Italy and in European Union in recent years,
focussing also on child poverty. The data show that in Italy, both general
poverty and child poverty reach very high level, even though differences
between the North and the South are sharp. The main family
characteristics responsible for a higher risk of poverty are also
reviewed, among with the number of family members, especially if
they include children or elderly, is prominent. In the last part of work,
an econometric test is performed to reach the conclusion that the
chances for young graduates to avoid poverty after 2 or 3 years from
the degree have significantly increased in the last decade in Italy. This
seems particularly worrying in the light of the importance usually
attached to human capital as an anti-poverty policy.