Scientific journal
Научное обозрение. Экономические науки
ISSN 2500-3410
ПИ №ФС77-57503

POVERTY: ECONOMIC NATURE, CONCEPT, EVALUATION

Aksenova T.N. 1
1 State Educational Institution of Higher Professional Education «Kalmyk State University»
In today’s world, despite the qualitative change in economic processes, poverty remains a relevant and unsolved problem. The economic nature of poverty depends on the nature of humanity, based on competition, motivational attitudes and assumptions of socio-economic system. The study of approaches to poverty assessment has revealed concepts, which are based on the monetarist and non-monetarist ideas. These concepts form the specific approaches to poverty assessment, both from economic and social positions and allow to single out 4 assessment categories of poverty: absolute, relative, subjective and deprivation poverty. Proceeding from the most widespread poverty assessment the article investigates the correlation of absolute poverty and macroeconomic development of individual countries, suggesting the influence of institutional factors on the problem of poverty.