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E
UR
A
MERICA
B. Poverty Rates
Table 2 illustrates how young adults’ economic well-being
differs across countries. Based on net disposable income (after
taxes and social transfers, see Table 2), the poverty level ranges
from 5.16% for Taiwan to 22.81% for Norway. As expected,
Scandinavian young adults are the most vulnerable to poverty,
followed by their counterparts in Spain and liberal countries except
for Australia. East Asian young adults are more economically
secure. ANOVA tests are conducted to evaluate whether the
differences in poverty rates (based on net disposable income)
between Taiwan and other countries are statistically significant.
The results show that the poverty rate of Taiwanese young adults is
significantly lower than that of their counterparts in 17 of the
selected countries (
p
<.01 to
p
<.001). The differences in youth
poverty between Taiwan and the other four countries (i.e. Australia,
Czech Republic, Luxembourg, and Switzerland) are not statistically
significant.
Youth poverty also varies substantially across household type.
Not surprisingly, young adults living with coupled parents are less
likely to be poor. Young adults living with spouses are also doing
well financially. Interestingly, although single young adults with
children are generally the most economically disadvantaged,
Scandinavian single parents are actually better off than single
young adults without children. This is because Nordic welfare
regimes are likely to provide generous social provisions for families
with children.
Table 3 shows that BTST income poverty rates are
substantially higher than poverty rates based on net disposable
income for most countries outside of East Asia. As expected,
when social transfers and taxes are not taken into consideration,
the disparities in poverty across household type widen substantially.
While young adults living with coupled parents and married young
adults living only with their spouses still fare well, single mothers
are most vulnerable, with poverty rates ranging from 13.5% for




