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

Poverty, Vulnerability, and Fiscal Sustainability in the People’s Republic of China PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929262914X
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
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.

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

Poverty, Vulnerability, and Fiscal Sustainability in the People’s Republic of China PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929262914X
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
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.

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

Poverty, Vulnerability, and Fiscal Sustainability in the People's Republic of China PDF Author:
Publisher:
ISBN: 9789292629151
Category :
Languages : en
Pages :

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Book Description


Four Decades of Poverty Reduction in China

Four Decades of Poverty Reduction in China PDF Author: World Bank;Development Research Center of the State Council, the People's Republic of China
Publisher: World Bank Publications
ISBN: 1464818789
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
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.

Public Debt Sustainability in Developing Asia

Public Debt Sustainability in Developing Asia PDF Author: Benno Ferrarini
Publisher: Routledge
ISBN: 0415522218
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
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 Reduction and Sustainable Development in Rural China

Poverty Reduction and Sustainable Development in Rural China PDF Author: Yisheng Zheng
Publisher: BRILL
ISBN: 9004188177
Category : Social Science
Languages : en
Pages : 399

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Book Description
Poverty Reduction and Sustainable Development in Rural China is translated from the original Chinese to provide a look into how scholars in China have been assessing perceptions of poverty and reforms to improve conditions. This volume, and the others in the SSRC series, provides Western scholars with an accessible English language look at the state of current scholarship in China and, as such, does not simply provide information for the direct study of socio-political issues, but also for meta-level analysis of how the domestic scholarship in China is developing and assessing the interplay of the country's political and economic reforms with the society and daily life of its people.

Poverty Profile of the People's Republic of China

Poverty Profile of the People's Republic of China PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 164

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Book Description
"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.

Poverty in the Philippines

Poverty in the Philippines PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292547410
Category : Social Science
Languages : en
Pages : 188

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Book Description
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.

Shock Waves

Shock Waves PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464806748
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

The Global Findex Database 2017

The Global Findex Database 2017 PDF Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
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.

Toward an Environmentally Sustainable Future

Toward an Environmentally Sustainable Future PDF Author: Qingfeng Zhang
Publisher: Asian Development Bank
ISBN: 9290927135
Category : Political Science
Languages : en
Pages : 335

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Book Description
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.