Empowering Theory of Poverty Reduction for Sustainable Development: Does the Welfare of Descendants Matter?

The first Sustainable Development Goal expresses the global concern in poverty eradication. We looked at the theory of poverty reduction with a long-term perspective in mind to confirm the congruence of modern approaches and their compliance with the principles of sustainable development. Despite clear signs of targeting Sustainable development goals to the future, we have found that future poverty needs deep discussion. We researched legal acts, policies and scientific sources to prove the possibility and suitability of recognising future poverty as a valid form of poverty. We considered the main possible difficulties that will challenge initiatives of future poverty exhausting. Finally, we proposed several perspective directions of further research to include the future poverty concept into the agenda of governments and supranational organisations.