11. The Persistence Of Asset Poverty

2017 ◽  
pp. 492-550
Keyword(s):  
2019 ◽  
Vol 48 (4) ◽  
pp. 765-787
Author(s):  
YUANYUAN YANG ◽  
JUN-HONG CHEN ◽  
MINCHAO JIN

AbstractThere is a large body of literature asserting that household asset holdings play a critical role in prospects of economic and social well-being. This study examines asset-poverty rates in China using the 2013 survey data from the Chinese Household Income Project (CHIP). The results indicate that asset-poverty rates in urban China were lower than those of developed countries, whereas rural and migrant households experienced more serious asset poverty than their counterparts in urban China. In addition, the asset-poverty rates were at least twice the income-poverty rates in China according to the different poverty lines used in the study. Several demographic characteristics were found associated with asset poverty. To assist the Chinese government in reaching its goal of eradicating absolute poverty by 2020 through targeted poverty alleviation, this study suggests including assets in the description and alleviation of poverty.


2018 ◽  
Vol 11 (6) ◽  
pp. 1907-1933 ◽  
Author(s):  
Anne Blumenthal ◽  
David W. Rothwell
Keyword(s):  

2020 ◽  
Vol 150 (2) ◽  
pp. 639-657
Author(s):  
Soyoon Weon ◽  
David W. Rothwell
Keyword(s):  

1996 ◽  
Vol 26 (2) ◽  
pp. 371-380 ◽  
Author(s):  
Erik Olin Wright

In responding to Tony Novak's criticisms of his earlier article “The Class Analysis of Poverty,” the author makes four principal points. First, contrary to Novak's views, a class analysis of poverty should define poverty in terms of both income-poverty and asset-poverty. Second, while Novak is correct that the term “underclass” often has a pejorative meaning, it remains an important concept for identifying segments of the population that are deeply oppressed economically, but not exploited. Third, the concepts of class analysis must be elaborated at a variety of levels of abstraction, not simply the highest level of the pure “mode of production,” as is implied by Novak's arguments. Finally, class analysis must acknowledge and conceptualize the specific forms of complexity of contemporary class structures, which is impossible if it restricts its class concepts to a simple polarized notion.


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