Most children from poor families manage to overcome their parents’ risk of poverty. This emerges from a new research by Statistics Netherlands (CBS). It is generally more difficult for children from migrant families to move up the income ladder. They often inherit the risk of poverty from their parents.
The statistics office looked at household income and not at, for example, how much savings people have in reserve. But 9.6% of children living in low-income households in 1995 were still at risk of poverty in their household 25 years later. This means that more than nine out of ten children have not had to deal with a low income like their parents.
Low income
Among children born abroad to low-income families, 14% remained at risk of poverty. Children born in the Netherlands to one or two foreign parents “inherit”, as CBS puts it, relatively often their parents’ limited income. When looking at origin groups, it is Dutch Moroccans who most often fail to overcome their parents’ risk of poverty. This is more often the case with Dutch Indonesians.
According to Statistics Netherlands, a total of nearly 5.5% of the inhabitants of the Netherlands in 2020 and 2021 were in a low-income household. These are families whose income is a maximum of 2170 euros. In 1995 this limit was again converted into 1320 euros.
Source: BNR
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
