Abstract:

The paper deals with reviewing of the statements, opinions and estimates on the poverty in Ukraine made by senior officials, experts from the World Bank, IMF, UN, and other international organizations. It was revealed that poverty in Ukraine is chronic and excessive (the poverty rates vary from 25% to 80%). Recently, Ukraine was recognized as the poorest country in Europe. It was ascertained that pursuant to the Bloomberg’s Misery Indices and the Legatum Prosperity Indexes, over the recent years Ukraine is one of the poorest and the least prosperous country in the world. Evidence of poverty in Ukraine is. It was ascertained that Ukrainian legislations towards poverty reducing have been implemented insufficiently due to prevailed formal, reluctant approach pursued by the state. It is incompatible with the EU integration policy implemented in the country. It was revealed that the poverty challenges Ukraine’s sustainable development, its economic growth, social and national security, human rights and demographic development.