Alleviating Poverty in Spain: Evidences from the Minimum Income Scheme
This paper examines the role of the Minimum Income Scheme approved in May 2020 in Spain as a national last resort scheme to reduce extreme poverty. It is concluded that the MIS alleviates extreme poverty and reduces its intensity, but there is room for improvement. In line with the results, this paper first introduces an alternative poverty notion following the international standard of poverty to boost its coverage and impact. Second, it presents adjustments in the MIS design to improve its effectiveness in reducing poverty and its efficiency in spending public funding.
Berjón, A., “ .