scholarly journals In 70 years how did the New China eliminate extreme poverty?

2021 ◽  
Vol 11 (2) ◽  
pp. 14
Author(s):  
Michael Dunford ◽  
Qi Bing
Keyword(s):  
Economic Growth ◽  
Rural Population ◽  
Rural Households ◽  
Rural Poverty ◽  
Extreme Poverty ◽  
Welfare Services ◽  
The World ◽  
Poor Population

China is noted for remarkable reductions in rural poverty and aims to eliminate it by 2020. Achieving this outcome requires identification of the remaining poor population and a strategy that effectively addresses the causes of their poverty. This article explores the ways in which China has converted itself from the poorest country in the world in 1949 to a country in which extreme poverty is on the verge of disappearance. It examines the roles of economic growth and a a targeted combination of traditional development-oriented policy for poverty counties, villages and regions with wider minimum life guarantees and welfare services. The conclusions draw on a 2017 survey of 4,626 rural households and 13,689 individuals in 628 counties to point to some of the characteristics of the contemporary rural population.

scholarly journals Assets, Prosperity, and Data in Rural Africa

2021 ◽  
pp. 23-43
Author(s):  
Dan Brockington ◽  
Christine Noe
Keyword(s):  
Economic Growth ◽  
Rural Areas ◽  
Rural Population ◽  
Rural Poverty ◽  
African Countries ◽  
Rural Africa ◽  
Productive Assets

This chapter explains why assets are interesting. It first outlines contrary interpretations of change in rural African societies, some of which see rising wealth, and others which see persistent rural poverty. Then it considers how those changes can be known, what data inform those debates. The chapter shows that using measures of poverty based on consumption then recent economic growth in many African countries has not been inclusive, particularly in rural areas. This is certainly the case in Tanzania. However it also shows that these measures of poverty deliberately exclude all forms of investment in productive assets. A rural population would look poor even if it was accumulating assets according to these measures. The chapter examines other studies of changes in assets in other rural societies in African contexts.

scholarly journals The Impact of Soil and Water Conservation on Agricultural Economic Growth and Rural Poverty Reduction in China

2018 ◽  
Vol 10 (12) ◽  
pp. 4444 ◽  
Author(s):  
Abdul Abdul-Rahim ◽  
Chenglong Sun ◽  
A. Noraida
Keyword(s):  
Economic Growth ◽  
Agricultural Economic ◽  
Water Conservation ◽  
Poverty Reduction ◽  
Rural Households ◽  
Rural Poverty ◽  
Soil And Water Conservation ◽  
The Impact ◽  
Soil And Water ◽  
Agricultural Economies

There is a lack of systematic study on the impact of soil and water conservation on the sustainable development of agricultural economies and rural poverty reduction in China. This study investigates the effects of soil and water conservation on agricultural economic growth. It looks at levels of disposable income in rural households in China and uses the econometric method to examine panel data obtained from 30 provinces between 2003–2012. Agricultural gross domestic product (GDP) is the dependent variable, and soil and water conservation are the independent variables. Farmland area, along with four other variables, is the control variables that are used to establish the Cobb–Douglas production function and provide further data. It was found that soil and water conservation have a significant impact on the per capita income of rural households in China. The findings support that soil and water conservation can contribute to the agricultural economic growth and rural poverty reduction in China. There is evidence that supports the idea that soil quality and capital input are now more important in poverty reduction and economic growth than farmland area and agricultural labour. The government and farmers need to prioritise investment in soil and water conservation in order to promote the development of agricultural economies and reduce rural poverty.

scholarly journals Agricultural Distortions and Economic Growth in Southern Africa: Evidence from Mozambique, Zambia and Zimbabwe (1970-2011)

2017 ◽  
Vol 11 (1) ◽  
pp. 35-45
Author(s):  
Douglas Ncube
Keyword(s):  
Economic Growth ◽  
Southern Africa ◽  
Panel Data Analysis ◽  
Rural Poverty ◽  
African Countries ◽  
Per Capita Gdp ◽  
Agriculture Sector ◽  
The World ◽  
Per Capita ◽  
Determinants Of Economic Growth

Introduction:The first decade of 2000 was considered Africa’s decade of unprecedented growth as it was the fastest growing region in the world. This growth is believed to have largely been a benefit of the commodity super-cycle which is beginning to tail-off. Analysts perceive that growth in Africa is currently more threatened by global trends and region specific risks around agriculture and politics.Statement of the problem:It has been noted that African countries have experienced stagnant or declining agricultural productivity growth rates, increasing rural poverty, hunger and malnutrition coupled with low competitiveness in global markets over the decades.Methodology:Using the database on Distortions to Agricultural Incentives, the World Development Indicators and the Penn World Tables, the determinants of economic growth in Southern Africa and the impacts of a pro or anti agricultural policy regime on economic growth were investigated. In this study, three Southern Africa countries were investigated, that is, Mozambique, Zambia and Zimbabwe.Results:The Panel Data Analysis results suggest that 1% decrease in the degree of anti-agriculture policy bias results in a 0.1% increase in real per capita GDP. Further, 1% increase in the share of gross capital formation in GDP results in 0.04% increase in real per capita GDP.Conclusion:The study showed that reducing direct and indirect, implicit and explicit taxation to agriculture relative to non-agriculture sector would result in improved economic growth in the three Southern African countries of Zambia, Zimbabwe and Mozambique.

Actual Problems of Economic Policy

2003 ◽  
pp. 23-38 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Exchange ◽  
World Economy ◽  
Domestic Economy ◽  
The World ◽  
Exchange Policy ◽  
Effective Integration

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.

The Instruments of the Stabilization Fund: The Experience and Prospects

2004 ◽  
pp. 65-75 ◽  
Author(s):  
Mst. Afanasiev
Keyword(s):  
Economic Growth ◽  
Oil Prices ◽  
Federal Budget ◽  
Future Generations ◽  
The World

Сreation of the stabilization fund has become the main feature of the Russian federal budget for 2004. This instrument provides the opportunity to reduce the dependence of budget incomes on the fluctuations of oil prices. The accepted model does not consider the world experience in building of such funds as the "funds for future generations", and the increase of other revenues from the growing oil prices as well. That can lead to shortening and immobilization of the financial basis of economic growth.

Inter-country inequality as a dynamic process and the problem of post-industrial development

2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Industrial Development ◽  
Modern World ◽  
New Approach ◽  
Development Level ◽  
The World ◽  
Long Time ◽  
The Difference ◽  
Post Industrial

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.

Growing Russian Economy against Growing External Tension

2012 ◽  
pp. 4-32
Author(s):  
I. Borisova ◽  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov
Keyword(s):  
Economic Growth ◽  
Stock Markets ◽  
Negative Effects ◽  
Russian Economy ◽  
Investment Demand ◽  
The World

Conditions and features of the Russian economy development in 2011 are considered in the article. Having caused unprecedented outflow of the capital abroad, rising tension and turbulence on the world financial and stock markets have not broken off recovery of the Russian economy. Crisis recession was overcome. Record-breaking low inflation, rapid credit restoration and active government adjustment neutralized negative effects of the external tension and supported economic growth, having encouraged consumer and investment demand.

Kazakhstan’s Economic Growth in the Context of the World Economy

2006 ◽  
pp. 133-146 ◽  
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
World Economy ◽  
World Ocean ◽  
Direct Access ◽  
Crude Petroleum ◽  
Nation States ◽  
The World ◽  
The Relationship

Kazakhstan’s economic policy results in 1995-2005 are considered in the article. In particular, the analysis of the relationship between economic growth and some indicators of nation states - population, territory, direct access to the World Ocean, and extraction of crude petroleum - is presented. Basic problems in the sphere of economic policy in Kazakhstan are formulated.

The world and Russia: Inflation is minimal, economic growth is slowing, risks are rising

2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
World Economy ◽  
Domestic Demand ◽  
New Combination ◽  
Russian Economy ◽  
The World ◽  
World Economic ◽  
Money Creation ◽  
Main Factors

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.

Assessing social sustainability in the gig economy

2021 ◽  
Author(s):  
Muralidharan Loganathan
Keyword(s):  
Economic Growth ◽  
Social Protection ◽  
Social Sustainability ◽  
Decent Work ◽  
Sustainable Development Goal ◽  
Development Goal ◽  
Country Level ◽  
Gig Economy ◽  
The World ◽  
Sustainable Economic Growth

Sustainable Development Goal 8 to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all” necessitates country level measures across the world. We take forward a comparative analysis of India’s SDG 8 indicator list with both the UN and ILO measurements. We note inadequate measurements on social-protection and rights for non-standard forms of employment including gig work, that are intermediated by ICT platforms. From our analysis we identify some levers to broaden the current indicator measurements to include these non-standard workers as well, to improve social sustainability.

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