Subject. This article examines the phenomenon of poverty in the Russian economy. Objectives. The article aims to analyze the current poverty rate in Russia and substantiate recommendations for overcoming it. Methods. For the study, we used the methods of analysis and synthesis, analogy, generalization, a combination of the historical and the logical, and the economic and statistical ones. Results. The article reveals conceptual approaches to defining poverty and changes in the Russian methodology for determining the basic poverty line. Based on a comparative analysis of the global poverty rate in Russia and some countries of the world, the article presents a forecast of the poverty rate in the Russian economy for 2024–2026 and recommendations for overcoming poverty in the country. Conclusions and Relevance. The article concludes that not only a significant discrepancy between the absolute and relative poverty lines, but also an understatement of the official poverty line is characteristic of Russian practice. Progressive taxation and the establishment of a zero rate of personal income tax for citizens with incomes below the subsistence level can be one of the tools for reducing poverty. The results of the study can be used by the authorities and administration to develop State social policy.
Keywords: poverty, living wage, median income, minimum wage, national poverty line
Sachs J.D. Konets bednosti. Ekonomicheskie vozmozhnosti nashego vremeni [The End of Poverty: Economic Possibilities for Our Time]. Moscow, Gaidar Institute Publ., 2011, 424 p.
Banerjee A.V., Duflo E. Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Public Affairs, 2012, 320 p.
Piketty T. Capital in the Twenty-First Century. Belknap Press: An Imprint of Harvard University Press, 2017, 816 p.
Stiglitz J.E. Tsena neravenstva. Chem rassloenie obshchestva grozit nashemu budushchemu [The Price of Inequality: How Today's Divided Society Endangers Our Future]. Moscow, Eksmo Publ., 2015, 512 p.
Banerjee A.V., Duflo E. Good Economics for Hard Times. Public Affairs, 2019, 432 p.
Piketty T. Capital and Ideology. The Belknap Press, 2020, 1104 p.
Stiglitz J.E. Velikoe razdelenie. Neravenstvo v obshchestve, ili Chto delat' ostavshimsya 99% naseleniya? [The Great Divide: Unequal Societies and What We Can Do About Them]. Moscow, Eksmo Publ., 2016, 475 p.
Kormishkina L.A., Ermakova E.R. [On the assessment of the national poverty threshold]. Natsional'naya bezopasnost' / Nota bene, 2021, no. 3, pp. 1–15. (In Russ.) URL: Link
Il'in V.A. [Crony capitalism – a source of social inequality in modern Russia]. Ekonomicheskie i sotsial'nye peremeny: fakty, tendentsii, prognoz = Economic and Social Changes: Facts, Trends, Forecast, 2017, vol. 10, no. 6, pp. 9–23. URL: Link (In Russ.)
Orshansky M. Counting the Poor: Another Look at the Poverty Profile. Social Security Bulletin, 1965, vol. 28, no. 1, pp. 3–29. URL: Link
Townsend P. Poverty in the United Kingdom: A Survey of Household Resources and Standards of Living. Penguin, 1979, 1216 p.
Lo Bue M.C., Palmisano F. The Individual Poverty Incidence of Growth. Oxford Bulletin of Economics and Statistics, 2020, vol. 82, iss. 6, pp. 1295–1321. URL: Link
Guriev S., Treisman D. Informational Autocrats. Journal of Economic Perspectives, 2019, vol. 33, no. 4, pp. 100–127. URL: Link
Ovcharova L.N. Teoreticheskie i prakticheskie podkhody k otsenke urovnya, profilya i faktorov bednosti: rossiiskii i mezhdunarodnyi opyt [Theoretical and practical approaches to assessing the rate, profile and factors of poverty: Russian and international experience]. Moscow, M-Studio Publ., 2009, 267 p.
Bobkov V.N., Odintsova E.V. [Low level and quality of life among economically active population: identification criteria and assessment of occurrence]. Ekonomicheskie i sotsial'nye peremeny: fakty, tendentsii, prognoz = Economic and Social Changes: Facts, Trends, Forecast, 2020, vol. 13, no. 5, pp. 168–181. URL: Link (In Russ.)
Bobkov V.N., Gulyugina A.A., Odintsova E.V., Safronova A.M. [The socially acceptable consumption basket]. Uroven' zhizni naseleniya regionov Rossii = Living Standards of the Population in the Regions of Russia, 2019, no. 2, pp. 8–26. URL: Link (In Russ.)
Bobkov V.N., Odintsova E.V., Bobkov N.V. [Relevance of developing a national programme to increase income, reduce poverty and inequality]. Uroven' zhizni naseleniya regionov Rossii = Living Standards of the Population in the Regions of Russia, 2020, vol. 16, no. 2, pp. 9–24. URL: Link (In Russ.)
Bobkov V.N., Gulyugina A.A., Odintsova E.V. [Social consequences of thirty years of capitalist reforms in Russia]. Rossiiskii ekonomicheskii zhurnal = Russian Economic Journal, 2022, no. 1, pp. 78–107. (In Russ.) URL: Link
Klyuev Yu.V. [Progressive scale of personal income tax in Russia and its social orientation]. Finansovye rynki i banki = Financial Markets and Banks, 2020, no. 5, pp. 45–47. URL: Link (In Russ.)
Bubnov A.V. [Progressive personal income tax scale: opportunities and problems]. Transportnoe delo Rossii = Transport Business of Russia, 2021, no. 6, pp. 64–66. (In Russ.)
Artemenko G.A., Ivanina A.A., Il'in V.E. [Analysis of the application of the progressive scale of personal income tax in Russia]. Gumanitarnye i sotsial'no-ekonomicheskie nauki = Humanities and Social-Economic Sciences, 2020, no. 5, pp. 65–68. (In Russ.)