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Economic Analysis: Theory and Practice
 

Poverty issues, including the working poverty in Russia

Vol. 20, Iss. 12, DECEMBER 2021

Received: 7 October 2021

Received in revised form: 16 October 2021

Accepted: 4 November 2021

Available online: 27 December 2021

Subject Heading: ECONOMIC ADVANCEMENT

JEL Classification: D11, D31, E24, I32, J31

Pages: 2294–2312

https://doi.org/10.24891/ea.20.12.2294

Tat'yana A. ZHURAVLEVA Orel State University named after I.S. Turgenev (OSU), Orel, Russian Federation
zhuravleva_orel@mail.ru

https://orcid.org/0000-0002-9065-5072

Anastasiya E. ZUBANOVA Orel State University named after I.S. Turgenev (OSU), Orel, Russian Federation
an.zubanova2606@yandex.ru

ORCID id: not available

Yuliya S. SOROKVASHINA Orel State University named after I.S. Turgenev (OSU), Orel, Russian Federation
yulia080499@mail.ru

ORCID id: not available

Subject. The poverty of the population with all features and factors of its manifestation causes deep structural problems that affect the development of the national economy.
Objectives. The aim of the study is a comprehensive analysis of the poverty of the population category, using statistical data, identification of causes of the gap in the level of salaries of Russian and foreign specialists, determination of factors that have the greatest impact on the development of working poverty in Russia.
Methods. The study draws on methods of logical and statistical analysis.
Results. We considered approaches to the definition of poverty in Russia and other countries, analyzed absolute and relative poverty in Russia, the impact of subsistence minimum on the definition of poverty, assessed nominal and real incomes of the population. The ratio of the average per capita income of the population and the subsistence minimum decreased over the past decade, however, the poverty was not overcome during this period. The per capita income in Russia turned out to be low, real incomes continue to decline. Due to the ongoing coronavirus pandemic, a decline in wages can be traced, both in space and in time.
Conclusions. Worsening the poverty situation in the country creates a chain of problems related to the distrust of the State policy in the social and labor spheres, expanded production slowdown, an increase in social tension in the society. A reduction of working poverty should be a priority task for the State.

Keywords: poverty, working poverty, minimum subsistence level, consumer basket, minimum wage

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