Poverty in Ukraine, Prospects for Overcoming

The article illuminates current tendencies in the spread of poverty in Ukraine and substantiates the prospects for overcoming it, taking into account the necessity to increase the level of well-being of the population. Analyzing, systematizing and summarizing the scientific works of modern researche...

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Main Authors: Bondarevska Kseniia V., Tkachenko Yuliia O., Onyshchenko Veronika A.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2022-11-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-162_168.pdf
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author Bondarevska Kseniia V.
Tkachenko Yuliia O.
Onyshchenko Veronika A.
author_facet Bondarevska Kseniia V.
Tkachenko Yuliia O.
Onyshchenko Veronika A.
author_sort Bondarevska Kseniia V.
collection DOAJ
description The article illuminates current tendencies in the spread of poverty in Ukraine and substantiates the prospects for overcoming it, taking into account the necessity to increase the level of well-being of the population. Analyzing, systematizing and summarizing the scientific works of modern researchers, the theoretical aspects of the concept of «poverty» are considered and its substantive content is determined. As a result of the study, current tendencies in the spread of poverty in Ukraine are identified, taking into account the diagnosis of the impact on the standard of living of the population of the consequences of the COVID-19 pandemic, hostilities and temporary occupation of territories. Thus, among the negative tendencies affecting the well-being of the population, it is worth noting the low level of incomes and their significant differentiation, a decrease in the level of employment and the shadowing of the economy. Therefore, first of all, to overcome poverty, it is important: to optimize the level of differentiation of incomes of the population based on the principle of social justice; to ensure the development of entrepreneurship, which will provide opportunities to create new jobs; to form effective mechanisms for price regulation and anti-inflationary policy; increase minimum social standards and create conditions for decent wages. The up-to-date statistical information on poverty levels, incomes and expenditures of the population, and other indicators of living standards is highlighted. The authors’ vision of the prospects for overcoming the problem of poverty of the population in Ukraine is substantiated on the basis of the determined directions for the implementation of leading foreign experience. In particular, the need for prospective measures aimed at reducing poverty in Ukraine has been identified, including the following measures: revising the minimum social standards and bringing them in line with the social standards of the developed EU countries; reducing the tax burden on the wage fund; development of entrepreneurship; improving the mechanisms for providing social support on the basis of increasing the targeting of payments and control over the targeted use of funds; deshadowing of employment and remuneration, development of non-traditional forms of employment and self-employment of the population; introduction of lifelong education, improvement of educational and scientific spheres; reimmigration of Ukrainians and creation of conditions for the realization of their potential in Ukraine; formation of effective mechanisms of the State regulation; budget financing, taking into account the priority of the social sphere. Prospects for further research in this area are to determine the priorities for improving the level of well-being of the population at the stage of post-war reconstruction of Ukraine.
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spelling doaj.art-5131274643874cfa908f78adfe2632242023-01-23T18:29:54ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2022-11-011153816216810.32983/2222-4459-2022-11-162-168Poverty in Ukraine, Prospects for OvercomingBondarevska Kseniia V.0https://orcid.org/0000-0001-8683-6834Tkachenko Yuliia O.1Onyshchenko Veronika A.2University of Customs and FinanceUniversity of Customs and FinanceUniversity of Customs and FinanceThe article illuminates current tendencies in the spread of poverty in Ukraine and substantiates the prospects for overcoming it, taking into account the necessity to increase the level of well-being of the population. Analyzing, systematizing and summarizing the scientific works of modern researchers, the theoretical aspects of the concept of «poverty» are considered and its substantive content is determined. As a result of the study, current tendencies in the spread of poverty in Ukraine are identified, taking into account the diagnosis of the impact on the standard of living of the population of the consequences of the COVID-19 pandemic, hostilities and temporary occupation of territories. Thus, among the negative tendencies affecting the well-being of the population, it is worth noting the low level of incomes and their significant differentiation, a decrease in the level of employment and the shadowing of the economy. Therefore, first of all, to overcome poverty, it is important: to optimize the level of differentiation of incomes of the population based on the principle of social justice; to ensure the development of entrepreneurship, which will provide opportunities to create new jobs; to form effective mechanisms for price regulation and anti-inflationary policy; increase minimum social standards and create conditions for decent wages. The up-to-date statistical information on poverty levels, incomes and expenditures of the population, and other indicators of living standards is highlighted. The authors’ vision of the prospects for overcoming the problem of poverty of the population in Ukraine is substantiated on the basis of the determined directions for the implementation of leading foreign experience. In particular, the need for prospective measures aimed at reducing poverty in Ukraine has been identified, including the following measures: revising the minimum social standards and bringing them in line with the social standards of the developed EU countries; reducing the tax burden on the wage fund; development of entrepreneurship; improving the mechanisms for providing social support on the basis of increasing the targeting of payments and control over the targeted use of funds; deshadowing of employment and remuneration, development of non-traditional forms of employment and self-employment of the population; introduction of lifelong education, improvement of educational and scientific spheres; reimmigration of Ukrainians and creation of conditions for the realization of their potential in Ukraine; formation of effective mechanisms of the State regulation; budget financing, taking into account the priority of the social sphere. Prospects for further research in this area are to determine the priorities for improving the level of well-being of the population at the stage of post-war reconstruction of Ukraine.https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-162_168.pdfpoverty of the populationstandard of livingpoverty levelincomes and expenditures of the populationcovid-19
spellingShingle Bondarevska Kseniia V.
Tkachenko Yuliia O.
Onyshchenko Veronika A.
Poverty in Ukraine, Prospects for Overcoming
Bìznes Inform
poverty of the population
standard of living
poverty level
incomes and expenditures of the population
covid-19
title Poverty in Ukraine, Prospects for Overcoming
title_full Poverty in Ukraine, Prospects for Overcoming
title_fullStr Poverty in Ukraine, Prospects for Overcoming
title_full_unstemmed Poverty in Ukraine, Prospects for Overcoming
title_short Poverty in Ukraine, Prospects for Overcoming
title_sort poverty in ukraine prospects for overcoming
topic poverty of the population
standard of living
poverty level
incomes and expenditures of the population
covid-19
url https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-162_168.pdf
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