IMPACT OF THE PANDEMIC ON CHANGING GLOBAL POVERTY RATES

Abstract

The purpose of this article is to study the impact of the global pandemic on the deterioration of social conditions, property inequality and changes in the poverty line. The solution of socio-economic problems around the world is connected with inclusive economic development.Methodology. Collection, processing and generalization of information when analyzing the reduction and elimination of global social inequality, changes in poverty as a result of pandemics, the amount of funding to ensure a minimum level of social protection in countries, common logical methods were used to analyze and compare materials from international organizations and foundations, domestic and foreign researchers.Originality/ value of the research. To prevent the growth of poverty at the global level, increasing the value of the article is aimed at the cluster development of the Republic of Kazakhstan based on the model of inclusive economic development by analyzing scientifi c works and world scientists and materials of international organizations, identifying shortcomings and weaknesses of social problems.Findings. The article examines the changes in global poverty caused by the coronavirus crisis, the gender gap among those who lost their jobs due to the pandemic, the impact of the pandemic on households and medium and small businesses, concessional lending by the IMF to 29 poor countries to overcome the pandemic crisis and Kazakhstan's anti-pandemic programs.In the analysis, the author examines the goals of the UN Sustainable Development Agenda for the period up to 2030, the World Development Report 2022 of the World Bank. The report analyzes the stages of concessional lending by the International Monetary Fund (IMF) to poor countries and the IMF fi scal monitor, as well as fi scal measures of the Republic of Kazakhstan in response to the global pandemic.