WAYS OF DEALING WITH THE POVERTY PROBLEM IN CONDITIONS OF GLOBALIZATION

  • Leonid Klevchik
Keywords: poverty, income, economic growth, unemployment, globalization

Abstract

The article is devoted to actual problems of poverty and the ways of overcoming it in conditions of globalization. The article deals with the global problems of our time . One of the global problems of mankind - the poverty is considered in detail. The purpose of our article is to assess the level of poverty and to substantiate the ways to overcome the poverty problem in today's globalized conditions. The essence of the category of poverty, its causes, concepts and indicators used in world practice, are considered. Poverty rates in the EU and Ukraine are evaluated and poverty reduction directions are considered. The main indicators of poverty reduction to be achieved by Ukraine are: economic growth; update of the minimum living wages and minimum wage, pensions to realistic values; growth of GDP and human development index; reduction of inflation, taxes, unemployment. With the adoption of a visa-free regime, Ukrainian citizens are being offered employment in European countries, which enables them to increase the profitability of Ukrainian families and reduce poverty. One of the ways of overcoming poverty are the earnings on the Internet, where people usually spend less time to perform their tasks, and earn more than the minimum income. Poverty is a multifaceted socio-economic phenomenon that is inherent in any country in the world, regardless of its level of economic prosperity. The mechanism of compulsory social insurance, which involves high labor pensions, unemployment benefits, child care and benefits, as well as high-quality health care, is a widely used method to combat poverty.

Published
2019-01-16