Poverty And Social Inequality In The Republic Of Bashkortostan In 2014-2019

Abstract

The lag of Russia behind the most developed countries in terms of the quality and standard of living of the population, as well as their high interregional inequality within the country, is one of the acute socio-economic problems. Current study is devoted to the issues of socio-economic inequality in the distribution of the population income in the pre-crisis period (2014-2019) by the example of the Republic of Bashkortostan. The following system of social indicators was chosen as the analysis basis: average, modal and median incomes, indicators of monetary income distribution by 20% of population groups, fund ratio, and the Gini coefficient. The analysis of the level and dynamics of income differentiation indicators and the level of poverty allowed assessing current changes and reveal factors and trends in the given research field. The situation in the republic is characterized by a significant differentiation of population incomes. Most of the republic population has an average per capita income slightly above the subsistence level. The fund ratio values and the Gini index demonstrate an increase in the society polarization in terms of income. The article reveals extreme manifestations of the differentiation of population living standards and income inequality, namely, the poverty of a part of the population. The share of the poor in the Republic of Bashkortostan total population during the study period was 12-13%. Proposals to reduce inequality in order to ensure sustainable economic growth and social well-being of all society segments are included in the paper.

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Publication Date

31 March 2022

eBook ISBN

978-1-80296-124-9

Publisher

European Publisher

Volume

125

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-

Edition Number

1st Edition

Pages

1-1329

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Shaydullina, R. M. (2022). Poverty And Social Inequality In The Republic Of Bashkortostan In 2014-2019. In & I. Savchenko (Ed.), Freedom and Responsibility in Pivotal Times, vol 125. European Proceedings of Social and Behavioural Sciences (pp. 1044-1053). European Publisher. https://doi.org/10.15405/epsbs.2022.03.124