Mechanisms and Countermeasures of Precise Poverty Alleviation in Contiguous Destitute Areas –A Study based on Solow-Swan Economic Growth Model

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Zhengxia Tang
Zhengxia Tang
α Central University of Finance and Economics

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Mechanisms and Countermeasures of Precise Poverty Alleviation in  Contiguous Destitute Areas  –A Study based on Solow-Swan Economic Growth Model

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Abstract

China has made achievements on world interest in anti-poverty work since the reform and opening-up, with a drastic decrease in rural poor population nationwide, but poverty presents new characteristics. Based on Solow-Swan Model, this paper suggests that contiguous destitute areas are in low equilibrium and precise poverty alleviation is an external mechanism of introduction of capital, technologies and labor. Whether contiguous destitute areas, as the target of China’s poverty relief program, can jump at the chance of precise poverty alleviation to acquire the capability of self-development with the help of external forces and make great strides in development is the key to whether China can complete the building of a moderately prosperous society in all aspects by 2020. Finally, the paper brings forward four countermeasures based on international experience in poverty alleviation: efficient use and accurate management of invested capital, accelerated improvement of labor quality and strict control of fertility rates, precise technological support and establishment of central towns.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Linna. 2019. \u201cMechanisms and Countermeasures of Precise Poverty Alleviation in Contiguous Destitute Areas –A Study based on Solow-Swan Economic Growth Model\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 19 (GJMBR Volume 19 Issue B6): .

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Issue Cover
GJMBR Volume 19 Issue B6
Pg. 43- 52
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: F63
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v1.2

Issue date

November 12, 2019

Language
en
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China has made achievements on world interest in anti-poverty work since the reform and opening-up, with a drastic decrease in rural poor population nationwide, but poverty presents new characteristics. Based on Solow-Swan Model, this paper suggests that contiguous destitute areas are in low equilibrium and precise poverty alleviation is an external mechanism of introduction of capital, technologies and labor. Whether contiguous destitute areas, as the target of China’s poverty relief program, can jump at the chance of precise poverty alleviation to acquire the capability of self-development with the help of external forces and make great strides in development is the key to whether China can complete the building of a moderately prosperous society in all aspects by 2020. Finally, the paper brings forward four countermeasures based on international experience in poverty alleviation: efficient use and accurate management of invested capital, accelerated improvement of labor quality and strict control of fertility rates, precise technological support and establishment of central towns.

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Mechanisms and Countermeasures of Precise Poverty Alleviation in Contiguous Destitute Areas –A Study based on Solow-Swan Economic Growth Model

Linna
Linna Central University of Finance and Economics
Zhengxia Tang
Zhengxia Tang

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