Evolution of the concept of poverty: from monetary measures to a multidimensional systemic approach

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Abstract

The purpose of the study. The article is devoted to a comprehensive analysis of the evolution of the concept of poverty from its traditional, monetary interpretations to modern multidimensional approaches. The purpose of the work is to systematize the key methods of measuring poverty and to substantiate the need for a new, integrative definition that responds to the challenges of globalization, digitalization, and climate change. Conclusions. The article analyzes the main approaches to defining and measuring poverty. Based on the analysis, the author proposes a definition of poverty.

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About the authors

Alyona V. Zykova

MIREA — Russian Technological University

Author for correspondence.
Email: komakhina.alena@mail.ru
SPIN-code: 6096-3532

Senior Lecturer at the Department of Modern Management Technologies

Russian Federation, Moscow

References

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