Geography of poverty at the international level (comparative approach)

Abstract

The present study aims to use an analytical approach to examineregional poverty as an ominous phenomenon and as one of the problems of unfair distribution of income generated among different regions of Asia and Oceania, South Asia, Middle East and North Africa, Latin America and the Caribbean, Europe, Central Asia, and the Desert of Africa. The phenomenon is investigated in the period 1990 to 2017 using pooled mean group (PMG) estimator and examining the presence or absence of regional and geographical nature of this phenomenon (the impact of the geographical situation of the region along with economic conditions on poverty in different regions). The research findings confirm the theories of political economists and Stiglitz trickle-down effect on poverty, stating that the phenomenon of poverty in different regions is an economic category (the high impact of the economic index on poverty confirms this claim) and other different approaches to poverty are ranked next in order of priority.