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Journal number 4 ∘ Tea Lazarashvili
Fighting Poverty: World Experience and Georgia

Fighting poverty has become one of the priority tasks for most countries of the modern world. In recent years, financial fluctuations have been observed in many countries of the world, which negatively affects their sustainable development and, accordingly, the standard of living. The World Bank has set a goal of ending poverty worldwide by 2030. Due to the consequences of the pandemic, the fight against poverty is becoming an even more acute problem for the whole world. In this regard, Georgia is no exception. The problem of poverty is one of the first here, and the state will have to make great efforts to overcome it.
In order to better analyze the problem of poverty, it is important to consider the experience of different countries in this regard. It should be noted that the concept of poverty is different, especially for developed and developing countries, and the methods of fighting it are also different depending on the country's level of development, traditions, mentality, economic growth, etc. In this regard, the examples of such countries as: China, India, USA, Belgium, Korea, Spain, Germany, etc. are important.
Most of the countries of the world, regardless of their economic development and level, set the achievement of sustainable development of their economies as a priority task. In the conditions of positive dynamics of national farms, the incomes of the population increase, the formation of the middle class takes place.
The modern world economy is characterized by the frequency of currency-financial, raw material crises, the introduction of economic sanctions and retaliatory countermeasures, which lead to the reduction of economic ties between their subjects. Accordingly, there is a decrease in the rate of GDP growth of most national economies, a fall in the social income of the population, a deepening of social differentiation, an increase in poverty, etc.
It should be noted that the difference in the standard of living of the population is particularly noticeable in developing countries and in a number of transition economies. In economically developed countries, although there are not such social contrasts as in developing countries, the share of low-income population is quite large.
According to the Global Economic Review of the International Monetary Fund [IMF], Georgia ranks 16th in the world with high inflation and is ahead of such countries as: Venezuela, Sudan, Suriname, Yemen and Zimbabwe.
It should be noted that with a high rate of inflation, Georgia is one of the leaders in Europe, and in the region it is surpassed only by Turkey and Kyrgyzstan, where inflation reaches almost 20%.
All this indicates that the state should resort to other methods of fighting poverty. Although there are various social programs in the country, we see that the situation is quite difficult. The allowances allocated by the country are quite modest and cannot provide the poor with even a living wage.
Based on the analysis, poverty is one of the acute problems in Georgia. Despite the fact that many government documents have been developed and a lot of money has been spent on poverty alleviation in Georgia, the overall picture of poverty in terms of level, depth and severity is almost unchanged.
It should be noted that no matter how much the state increases allowances and social assistance, the problem of poverty cannot be eliminated by itself. Especially since Georgia does not have enough financial resources to help all the poor. An effective policy to combat poverty in the country should not be aimed at increasing allowances and social assistance, but at eliminating the causes of poverty. For this, it is important to promote the sustainable economic growth of the country, the development of the real sector of the economy, the creation of jobs, etc. Which, as known, requires complex measures.

Keywords: Poverty, pandemic, economic development
JEL Codes: I32, P36, P46,

References:
• Poverty Reduction Strategies in Developing Countries. DOI: 10.5772/intechopen.101472, 2022, https://www.intechopen.com/chapters/79838
• Abaturov V.(2020). Globalnaia borba s bednostiu: opit zarubezhnykh stran. [Global Fight against Poverty: the Experience of Foreign Countries.] in Russian rhttps://www.cer.uz/ru/post/publication/globalnaa-borba-s-bednostu-opyt-zarubeznyh-stran
• Alexandrov E.L., Alexandrova O.E. (2015.) Mery borby s bednostyu: zarubezhny i otechestvenny opit. [Measures to Combat Poverty: Foreign and Domestic Experience. // Fundamental research.– № 9-1. – С. 101-105. In Russian.
URL: https://fundamental-research.ru/ru/article/view?id=38973
• Ryapolov K. (2015). Voina s bednostiu: kak v mire boriatsia s nishchetoi. [War on Poverty: how the World is Fighting Poverty. https://economics.segodnya.ua/economics/enews/voyna-s-bednostyu-kak-v-mire-boryutsya-s-nishchetoy-587060.html
Geostat (2021). sigharibis machveneblebi da jinis koepitsienti. [Poverty Rates and the Gini Coefficient.] in Georgian. www.geostat.ge
www.unicef.org/georgia/ka
http://ssa.gov.ge/index.php?lang_id=GEO&sec_id=35