An analysis of the poverty rate of population: Evidence from the Tyva Republic

Abstract

Subject. This article analyzes the economic situation of the Tyva Republic. Objectives. The article aims to develop measures aimed at alleviating the poverty rate in the Tyva Republic. Methods. For the study, I used a comparative analysis. Results. The article describes the main causes of poverty in the Tyva Republic and presents a model of dependence of the living standards of the Republic's population on various types of government support. Conclusions. The implementation of major investment projects in various areas of the economy of the Tyva Republic will contribute to poverty reduction.