Main tendencies of socio-economic inequality and population poverty level on the example of the Republic of Bashkortostan

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The relevance of this study is based on the fact that a high level of income inequality leads to further stratification and intensification of social tension in society. The article discusses the problems of socio-economic inequality in the income distribution on the example of the Republic of Bashkortostan. An analysis of the current level and dynamics of income differentiation and poverty indicators allowed us to evaluate actual changes and identify trends of this research area. As a result of the study, it was concluded that the situation in the republic is characterized by a significant income differentiation: the majority of the republic population has an average per capita income slightly higher than the living wage level, and the values of the fund ratio and the Gini index demonstrate an increase in social polarization in terms of income. The article shows that the most extreme manifestation of the differentiation in the people’s standard of living and the income inequality is the poverty of a part of the population. The poverty rate in the Republic of Bashkortostan during the study period was 12-13 %. The article contains proposals to reduce the degree of inequality in order to ensure sustainable economic growth and social well-being of all stratums of society.

population income \ income differentiation \ socio-economic inequality \ fund ratio \ gini index \ poverty \ living wage

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Short address: https://sciup.org/142222911

IDS: 142222911   |   UDC: 330.564.2   |   DOI: 10.17513/vaael.1004