Poverty Vulnerability And Fiscal Sustainability In The People S Republic Of China

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Poverty, Vulnerability, and Fiscal Sustainability in the People’s Republic of China

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 227 pages
File Size : 49,5 Mb
Release : 2021-06-01
Category : Business & Economics
ISBN : 9789292629144

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Poverty, Vulnerability, and Fiscal Sustainability in the People’s Republic of China by Asian Development Bank Pdf

The People’s Republic of China (PRC) has a long and successful record of poverty reduction. As incomes rise, the PRC’s new poverty reduction strategy needs to treat poverty as multidimensional, reinvigorate rural development, develop an integrated rural–urban poverty strategy, and include the vulnerable segments of the population in poverty policy. This report delves into the questions: how much fiscal support is needed to finance social services and protection, and how much should be shouldered by individuals and households? It focuses on vulnerable groups, particularly the elderly, young children of rural migrants, and those whose access to health care is jeopardized by urbanization and aging.

Four Decades of Poverty Reduction in China

Author : World Bank;Development Research Center of the State Council, the People's Republic of China
Publisher : World Bank Publications
Page : 170 pages
File Size : 42,8 Mb
Release : 2022-09-22
Category : Business & Economics
ISBN : 9781464818783

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Four Decades of Poverty Reduction in China by World Bank;Development Research Center of the State Council, the People's Republic of China Pdf

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.

Rural Finance in Poverty-Stricken Areas in the People's Republic of China

Author : Xuechun Zhang,Zhong Xu,Minggao Shen,Enjiang Cheng
Publisher : Asian Development Bank
Page : 531 pages
File Size : 54,6 Mb
Release : 2010-05-01
Category : Business & Economics
ISBN : 9789292547639

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Rural Finance in Poverty-Stricken Areas in the People's Republic of China by Xuechun Zhang,Zhong Xu,Minggao Shen,Enjiang Cheng Pdf

Local financial institutions represent the best choices in the financial system for small and medium-sized enterprises and farming households. Government agencies in the People's Republic of China (PRC) have proposed policies that would relax market entry criteria and allow the creation of diversified rural financial institutions. These measures will help improve PRC's financial market structure, promote better rural financial services, enable financing of labor-intensive economic activities, and promote socioeconomic development. This publication offers an overview of rural finance in the PRC, examines current financial policy and models, and offers recommendations for future reform measures.

Poverty Profile of the People's Republic of China

Author : Asian Development Bank
Publisher : Unknown
Page : 164 pages
File Size : 50,7 Mb
Release : 2004
Category : Business & Economics
ISBN : UCSD:31822033227760

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Poverty Profile of the People's Republic of China by Asian Development Bank Pdf

"Poverty profile of the People's Republic of China discusses the characteristics of poverty and the history of the fight against it in the People's Republic of China (PRC) from 1978 to current times"--Foreword p. ix.

Public Debt Sustainability in Developing Asia

Author : Benno Ferrarini,Raghbendra Jha,Arief Ramayandi
Publisher : Routledge
Page : 227 pages
File Size : 42,9 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780415522212

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Public Debt Sustainability in Developing Asia by Benno Ferrarini,Raghbendra Jha,Arief Ramayandi Pdf

Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public debt, in particular its sustainability, has moved to center stage in the policy debate. If the Asia and Pacific region is to continue to serve as an engine for global growth, its public debt must be sustainable. Public Debt Sustainability in Developing Asia addresses this issue for Asia and the Pacific as a whole as well as for three of the most dynamic economies in the region: the People’s Republic of China, India, and Viet Nam. The book begins with a discussion of the reasons for increased attention to debt-related issues. It also introduces fiscal indicators for the Asian Development. Bank’s developing member countries and economies. The sustainability of their debt is assessed through extant approaches and with the most up-to-date data sources. The book also surveys the existing literature on debt sustainability, outlining the main issues related to it, and discusses the key implications for the application of debt sustainability analysis in developing Asia. Also highlighted is the importance of conducting individual country studies in view of wide variations in definitions of public expenditure, revenues, contingent liabilities, government structures (e.g., federal), and the like, as well as the impact of debt on interest rates. The book further provides in-depth debt sustainability analyses for the People’s Republic of China, India, and Viet Nam. Public Debt Sustainability in Developing Asia offers a comprehensive analytical and empirical update on the sustainability of public debt in the region. It breaks new ground in examining characteristics that are crucial to understanding sustainability and offers richer policy analysis that should prove useful for policymakers, researchers, and graduate students.

Poverty in the Philippines

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 188 pages
File Size : 45,6 Mb
Release : 2009-12-01
Category : Social Science
ISBN : 9789292547417

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Poverty in the Philippines by Asian Development Bank Pdf

Against the backdrop of the global financial crisis and rising food, fuel, and commodity prices, addressing poverty and inequality in the Philippines remains a challenge. The proportion of households living below the official poverty line has declined slowly and unevenly in the past four decades, and poverty reduction has been much slower than in neighboring countries such as the People's Republic of China, Indonesia, Thailand, and Viet Nam. Economic growth has gone through boom and bust cycles, and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts. This publication analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. it also provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey.

Toward an Environmentally Sustainable Future

Author : Qingfeng Zhang,Robert Crooks
Publisher : Asian Development Bank
Page : 325 pages
File Size : 40,6 Mb
Release : 2012-08-01
Category : Political Science
ISBN : 9789290927136

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Toward an Environmentally Sustainable Future by Qingfeng Zhang,Robert Crooks Pdf

This publication presents the results of a 2-year effort to update environmental assessment in the People's Republic of China (PRC). The research was a collaborative effort involving the Asian Development Bank (ADB), the Ministry of Environmental Protection, the National Development and Reform Commission, and numerous other technical and research institutions in the PRC. Based on this research and extensive consultations, ADB proposes a wide range of programs and policies that will help improve environmental quality despite new and emerging sources of pollution and challenges to natural resources management. Inclusive growth and a green economy are the government's guiding principles for its development agenda under the 12th Five-Year Plan and beyond to 2020. To support these principles, the PRC needs to restructure its economic and fiscal systems to reflect environmental externality, expand the use of market-based instruments to control pollution, and introduce and implement legal reforms to clarify responsibility and promote cooperation.

Poverty Reduction Policies and Practices in Developing Asia

Author : Almas Heshmati,Esfandiar Maasoumi,Guanghua Wan
Publisher : Springer
Page : 314 pages
File Size : 43,8 Mb
Release : 2015-03-31
Category : Business & Economics
ISBN : 9789812874207

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Poverty Reduction Policies and Practices in Developing Asia by Almas Heshmati,Esfandiar Maasoumi,Guanghua Wan Pdf

This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis. The book covers a wide range of issues, including determinants and causes of poverty and its changes; consequences and impacts of poverty on human capital formation, growth and consumption; assessment of poverty strategies and policies; the role of government, NGOs and other institutions in poverty reduction; rural-urban migration and poverty; vulnerability to poverty; breakdown of poverty into chronic and transitory components; and a comparative study on poverty issues in Asia and other regions. The book will appeal to all those interested in economic development, resources, policies and economic welfare and growth.

The Global Findex Database 2017

Author : Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
Publisher : World Bank Publications
Page : 148 pages
File Size : 50,9 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781464812682

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The Global Findex Database 2017 by Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar Pdf

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Poverty and Sustainable Development in Asia

Author : Armin Bauer,Myo Thant
Publisher : Asian Development Bank
Page : 532 pages
File Size : 55,8 Mb
Release : 2015-01-01
Category : Social Science
ISBN : 9789290920656

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Poverty and Sustainable Development in Asia by Armin Bauer,Myo Thant Pdf

This joint publication from the Asian Development Bank and the Asian Development Bank Institute features selected papers from the September 2009 conference on the social and environmental impact of the global economic crisis on Asia and the Pacific, especially on the poor and vulnerable. The publication is designed with the needs of policy makers in mind, utilizing field, country, and thematic background studies to cover a large number of countries and cases. This publication suggests that the crisis is an opportunity to rethink the model of development in Asia for growth to become more inclusive and sustainable. Issues that need to be more carefully considered include: closing the gap of dualistic labor markets, building up social protection systems, rationalizing social expenditures, addressing urban poverty through slum upgrading, promoting rural development through food security programs in pro-poor growth potential areas, and concentrating climate change interventions on generating direct benefits for the environments of the poor.

Enhancing Social Protection in Asia and the Pacific

Author : Sri Wening Handayani
Publisher : Asian Development Bank
Page : 653 pages
File Size : 49,5 Mb
Release : 2011-02-01
Category : Political Science
ISBN : 9789290922452

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Enhancing Social Protection in Asia and the Pacific by Sri Wening Handayani Pdf

On 21-22 April 2010, the Asian Development Bank (ADB) organized a social protection conference in Manila. Interest in social protection has been growing since the global financial crisis heightened awareness of the many millions of people in Asia and the Pacific who live in poverty or vulnerable situations. Thus, policy makers are now keen to develop social protection systems that can assist people to both leave and stay out of poverty. The conference brought together people from ADB, its developing member countries, partner agencies, research institutes, and civil society organizations to exchange valuable experience and information and discuss ideas on how to develop social protection and expand it for the well-being of people in Asia and the Pacific. This book features selected papers from the conference that respond to the need for integrated and inclusive social protection to improve the quality of peoples' lives and livelihoods. Specific areas emphasized are health insurance, pensions, the informal sector, measures targeting children, and measuring and monitoring social protection.

China Urbanizes

Author : Shahid Yusuf,Anthony Saich
Publisher : World Bank Publications
Page : 228 pages
File Size : 44,5 Mb
Release : 2008-01-22
Category : Political Science
ISBN : 0821372122

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China Urbanizes by Shahid Yusuf,Anthony Saich Pdf

The key challenges facing China in the next two decades derive from the ongoing process of urbanization. China's urbanization rate in 2005 was about 43%. Over the next 10-15 years, it is expected to rise to well over 50%, adding an additional 200 million mainly rural migrants to the current urban population of 560 million. How China copes with such a large migration flow will strongly influence rural-urban inequality, the pace at which urban centers expand their economic performance, and the urban environment. The growing population will necessitate a big push strategy to maintain a high rate of investment in housing and the urban physical infrastructure and urban services. To finance such expansion will require a significant strengthening and diversification of China's financial system. Growing cities will greatly increase consumption of energy and water. Containing this without at the same time constraining the economic performance of cities or the improvement in the standards of living will call for enlightened policies, strategies, careful urban planning, and significant technological advances. This volume identifies the key developments to watch and discusses the policies which would affect the course as well as the fruitfulness of change.

Migration, Development and Poverty Reduction in Asia

Author : Iom International Organization For Migration
Publisher : Academic Foundation
Page : 272 pages
File Size : 41,9 Mb
Release : 2008
Category : Asia
ISBN : 817188573X

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Migration, Development and Poverty Reduction in Asia by Iom International Organization For Migration Pdf

Poverty Targeting in Asia

Author : John Weiss
Publisher : Edward Elgar Publishing
Page : 300 pages
File Size : 53,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 9781845424701

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Poverty Targeting in Asia by John Weiss Pdf

This book is a must read for researchers and students interested in poverty, poverty reduction, social welfare and development. It provides systematic and comparative studies on the design features, achievements and problems of targeting, set against specific national contexts. The economic focus of the analysis is balanced with sections on the political economy of targeting and management aspects (administrative systems and incentives). While the considerable variations between targeting mechanisms, schemes and contexts demonstrate the difficulties of blanket policy prescriptions, the book presents a fascinating conclusion. Rather than continuing the debate about universal versus targeted approaches, it proposes that a mixed approach might be best: the broad targeting of basic services such as primary education and health care combined with the narrow targeting of social protection schemes for the very poor. David Hulme, University of Manchester, UK Most governments attempt to target resources directly at the poor through a variety of measures including food and credit subsidies, job creation schemes and basic health and education projects. These measures are usually classified as being either promotional (to help raise welfare in the long term), or protectional (to support the poor in times of adverse shocks). However, for many Asian countries the reality of these poverty targeting measures has proved disappointing. Following a comprehensive overview by the editor, this book offers a detailed assessment of the results of directly channelling resources to the poor and extensively discusses the experience of five Asian countries India, Indonesia, the People s Republic of China, the Philippines and Thailand. The authors demonstrate how in many cases these targeting measures have failed due to their high cost and errors of both undercoverage (where many of the poor are excluded) and leakage (when many of the better-off also benefit from these schemes). The authors conclude that whilst poverty targeting remains a critically important objective, past targeting errors must not be forgotten and improved methods of both identifying and reaching the poor must be implemented. Written by leading experts in the field and including analysis of original country surveys, this seminal text documents clearly the operation and success of aid schemes in Asia. This book will make a worthy addition to the literature on development, poverty reduction, social welfare and Asian studies. It will also be an important source of reference for academics and students of economic development, aid practitioners, government officials and development NGOs.