Ebook71 pages2 hours
Four Decades of Poverty Reduction in China: Drivers, Insights for the World, and the Way Ahead
Rating: 0 out of 5 stars
()
About this ebook
Regardless of the poverty line used, the speed and scale of China’s poverty reduction is historically unprecedented. Over the past 40 years, the number of people in China with incomes below US$1.90 per day—the international poverty line as defined by the World Bank to track global extreme poverty—has fallen by close to 800 million, accounting for almost three-quarters of the global reduction in extreme poverty. In 2021, China declared that it had eradicated extreme poverty according to its national poverty threshold, and that it had built a “moderately prosperous society in all respects.†? However, a significant number of people remain vulnerable, with incomes below a threshold more typically used to define poverty in upper-middle-income countries. China has set a new goal of approaching common prosperity by 2035, which can help keep the policy focus on the vulnerable population.
Four Decades of Poverty Reduction in China: Drivers, Insights for the World, and the Way Ahead explores the key drivers of China’s poverty alleviation achievements and considers the lessons of China’s experience for other developing countries. The report also makes suggestions for China’s future policies. China’s approach to poverty reduction was based on two pillars. The first aimed for broad-based economic transformation to open new economic opportunities and raise average incomes. The second was the recognition that targeted support was needed to alleviate persistent poverty; this support was initially provided to disadvantaged areas and later to individual households. The success of China’s economic development and the associated reduction of poverty also benefited from effective governance, which helped coordinate multiple government agencies and induce cooperation from nongovernment stakeholders. To illustrate the role of broad-based economic transformation for poverty alleviation, separate sections of the report analyze growing agricultural productivity, incremental industrialization, managed urbanization and rural-to-urban migration, and the role of infrastructure.
Four Decades of Poverty Reduction in China: Drivers, Insights for the World, and the Way Ahead explores the key drivers of China’s poverty alleviation achievements and considers the lessons of China’s experience for other developing countries. The report also makes suggestions for China’s future policies. China’s approach to poverty reduction was based on two pillars. The first aimed for broad-based economic transformation to open new economic opportunities and raise average incomes. The second was the recognition that targeted support was needed to alleviate persistent poverty; this support was initially provided to disadvantaged areas and later to individual households. The success of China’s economic development and the associated reduction of poverty also benefited from effective governance, which helped coordinate multiple government agencies and induce cooperation from nongovernment stakeholders. To illustrate the role of broad-based economic transformation for poverty alleviation, separate sections of the report analyze growing agricultural productivity, incremental industrialization, managed urbanization and rural-to-urban migration, and the role of infrastructure.
Related to Four Decades of Poverty Reduction in China
Related ebooks
Shared Prosperity Rating: 0 out of 5 stars0 ratingsAccelerating Poverty Reduction in Africa Rating: 0 out of 5 stars0 ratingsPoverty in a Rising Africa Rating: 0 out of 5 stars0 ratingsThe State of Social Safety Nets 2015 Rating: 0 out of 5 stars0 ratingsFuture Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition Rating: 0 out of 5 stars0 ratingsUrban China: Toward Efficient, Inclusive, and Sustainable Urbanization Rating: 0 out of 5 stars0 ratingsEast Asia Pacific at Work: Employment, Enterprise, and Well-being Rating: 0 out of 5 stars0 ratingsEast Asia Pacific at Work Rating: 0 out of 5 stars0 ratingsJobs for Shared Prosperity: Time for Action in the Middle East and North Africa Rating: 0 out of 5 stars0 ratingsSouth Asia's Hotspots: The Impact of Temperature and Precipitation Changes on Living Standards Rating: 0 out of 5 stars0 ratingsThe Matrix System at Work: An Evaluation of the World Bank's Organizational Effectiveness Rating: 0 out of 5 stars0 ratingsBuilding Resilient Migration Systems in the Mediterranean Region: Lessons from COVID-19 Rating: 0 out of 5 stars0 ratingsConvergence: Five Critical Steps toward Integrating Lagging and Leading Areas in the Middle East and North Africa Rating: 0 out of 5 stars0 ratingsToward Gender Equality in East Asia and the Pacific: A Companion to the World Development Report Rating: 0 out of 5 stars0 ratings
Business Development For You
The Bezos Letters: 14 Principles to Grow Your Business Like Amazon Rating: 5 out of 5 stars5/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of The Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5Ultralearning: Master Hard Skills, Outsmart the Competition, and Accelerate Your Career Rating: 4 out of 5 stars4/5The 30 Laws of Flow: Timeless Principles for Entrepreneurial Success Rating: 5 out of 5 stars5/5Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5Summary of Graham Cochrane's How to Get Paid for What You Know Rating: 0 out of 5 stars0 ratingsNolo’s Guide to Single-Member LLCs: How to Form & Run Your Single-Member Limited Liability Company Rating: 0 out of 5 stars0 ratingsThe $100 Startup by Chris Guillebeau: Summary and Analysis Rating: 4 out of 5 stars4/5Rocket Fuel Rating: 0 out of 5 stars0 ratingsHow to Start a Business for Beginners: A Complete Guide to Building a Successful & Profitable Business Rating: 5 out of 5 stars5/5212 The Extra Degree: Extraordinary Results Begin with One Small Change Rating: 5 out of 5 stars5/5This Shit Works: A No-Nonsense Guide to Networking Your Way to More Friends, More Adventures, and More Success Rating: 0 out of 5 stars0 ratingsThe E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days Rating: 4 out of 5 stars4/5The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream Rating: 5 out of 5 stars5/5Oneness vs. the 1%: Shattering Illusions, Seeding Freedom Rating: 4 out of 5 stars4/5Nolo's Quick LLC: All You Need to Know About Limited Liability Companies Rating: 5 out of 5 stars5/5The Magic of Tiny Business: You Don’t Have to Go Big to Make a Great Living Rating: 4 out of 5 stars4/5The 22 Immutable Laws of Branding: How to Build a Product or Service into a World-Class Brand Rating: 4 out of 5 stars4/5Don't Trust Your Gut: Using Data to Get What You Really Want in LIfe Rating: 3 out of 5 stars3/5Summary The Ideal Team Player By Patrick Lencioni Rating: 4 out of 5 stars4/5The Moneyless Man: A Year of Freeconomic Living Rating: 4 out of 5 stars4/5Good To Great And The Social Sectors: A Monograph to Accompany Good to Great Rating: 4 out of 5 stars4/5
Reviews for Four Decades of Poverty Reduction in China
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Four Decades of Poverty Reduction in China - World Bank;Development Research Center of the State Council
Enjoying the preview?
Page 1 of 1