Innovative Poverty Reduction Policies: Approaches, Implementation, and Effectiveness

Abstract

In today's world, poverty remains a major challenge affecting millions of people and limiting social and economic development. This article provides a comprehensive analysis of innovative approaches to poverty reduction in the region. In recent years, poverty alleviation has become a priority direction of state policy, leading to the expansion of targeted social assistance systems, introduction of neighborhood-based mechanisms, and implementation of initiatives such as the “Iron Notebook,” the “Women’s Notebook,” and the “Youth Notebook.” These mechanisms allow for the identification of the most vulnerable groups of the population, while their integration with digital platforms ensures efficient monitoring and rapid response. The study also examines the role of public-private partnership projects, social innovations, and community-driven “driver” initiatives at the neighborhood level in addressing poverty. Findings demonstrate that these innovative approaches are crucial not only for improving economic efficiency but also for promoting social justice and achieving the Sustainable Development Goals (SDGs).