Keyword: «mechanisms for overcoming poverty»

In the context of growing global challenges, the situation related to the problem of poverty will only get worse. Therefore, the development of mechanisms aimed at reducing poverty is critically relevant. The aim of the work is to study the determinants and mechanisms of overcoming poverty of the working population. The main factors leading to poverty are revealed. According to the results of the study, it has been found out that overcoming poverty requires an active social policy, the essence of which is to strengthen the social component of economic development with simultaneous improving the system of motivation mechanism for highly productive work and productive employment, which will ensure a decent level of wages and income. The authors show the patterns of poverty generation in the system of social reproduction and propose strategic directions for overcoming poverty.