POVERTY AS A PHENOMENON OF THE RUSSIAN ECONOMY AND ITS NEGATIVE IMPACT ON THE PRACTICAL DEVELOPMENT OF SMALL BUSINESSES IN THE COUNTRY

БЕДНОСТЬ КАК ЯВЛЕНИЕ РОССИЙСКОЙ ЭКОНОМИКИ И ЕЕ ОТРИЦАТЕЛЬНОЕ ВОЗДЕЙСТВИЕ НА ПРАКТИЧЕСКОЕ РАЗВИТИЕ МАЛОГО БИЗНЕСА В СТРАНЕ

Vladimir V. Kelarev (Келарев В.В.)
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Vladimir V. Kelarev (Келарев В.В.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration

State and Municipal Management Scholar Notes, 2021, vol. 4, 86-92

Abstract: Poverty as an economic phenomenon has been present in our economy from the very beginning of market transformations. The existing theoretical concepts in different ways assess poverty as an economic category. Poverty indicators of these concepts characterize negative dynamics in our country. The number of the poor is increasing. The economic consequences of poverty affect the activities of small and medium-sized enterprises. Such consequences are manifested in population’s purchasing power decrease, changes in the structure of demand towards a low-price segment and, in general, negatively affect the activity of small and medium-sized business in the economy.

Keywords: poverty; concept of poverty; methods of assessing poverty in Russia; dynamics of poverty in the Russian Federation; the relationship between small business activity and the level of poverty; small business in the Russian Federation; poverty factors affecting the development of small business (search for similar items in EconPapers)
Date: 2021
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