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Poverty is not a vice, but how to overcome it in Russia?

Author

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  • O. M. Makhalina
  • V. N. Makhalin

Abstract

An issue of the population poverty is one of the most urgent today, both in Russia and around the world. The article considers the statistics of poverty in foreign countries as well as in Russia. In that rating, Russia ranks the 64th. The number of citizens falling under the category of poor in 2020 increased to 19.9 million people, which in relative terms is 13.5% of the country’s population.The causes of poverty are revealed, the sequence, forms and methods of overcoming poverty in Russia are formulated on the basis of foreign experience in combating poverty. The decline in the income of the Russian population according to Rosstat in the 2nd quarter of 2020 in annual terms was 8%. GDP declined by 8%, while Canada’s GDP – 13.5%, Germany – 11.7%, and the United States – 9.5%. It is because since the beginning of the pandemic, many developed countries have implemented large-scale material support for the population.The article analyzes a variety of specific ways and methods of combating poverty in the United States, Great Britain, Spain, India, Finland and other countries. Also it presents results of the experiment with application of the method of using unconditional income, support of the population of the Netherlands, Canada, Mongolia, Iran, Kenya, and Germany.The article presents the experience of supporting the population in Russia, where that activity was focused on supporting the families with children. The results prove that such a support option cannot be called large-scale and effective, since, as summing, the real incomes of citizens, unlike in other countries, oddly enough, decreased. Poverty and unemployment continue to grow in the context of the current pandemic. Therefore the conclusion contains proposals on how to overcome the poverty and unemployment in our country.

Suggested Citation

  • O. M. Makhalina & V. N. Makhalin, 2021. "Poverty is not a vice, but how to overcome it in Russia?," RSUH/RGGU BULLETIN. Series Economics. Management. Law, Russian State University for the Humanities (RSUH), issue 3.
  • Handle: RePEc:aca:journl:y:2021:id:308
    DOI: 10.28995/2073-6304-2021-3-21-34
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