Business News

A new study has questioned China’s eradication of poverty

[ad_1]

A new study claims that the Chinese Communist Party has eradicated extreme poverty, a new study that has used a limited and flexible definition of what it means to be poor in Beijing.

Late last year, the party reported that the eradication of extreme poverty had been successfully eradicated, despite negative economic growth in the first half of the year caused by the coronavirus pandemic.

The goal is delivered on schedule propaganda coup For President Xi Jinping ahead of the centenary celebrations of the party’s founding in July this year.

Beijing has also offered a vision worthy of study around the developing world, and has released a white paper outlining how China achieved its “final victory” against poverty.

However, research former Chinese economist Bill Bikales, who was released on Tuesday, said China has not done enough to achieve its final victory over poverty.

“China has not eradicated poverty, nor has it eradicated extreme poverty. And it won’t be like that until there are viable systems that identify poor people everywhere. . . and until the country provides a safety net for all its people [including] death, serious illness, loss of employment or other shock, ”he wrote in a report funded by the Swiss Agency for Development and Cooperation.

Bikales admitted that last year’s milestone was “certainly an achievement of great historical significance” and that all the evidence available suggested that China had done what it wanted to do.

But this success is only due to the eradication of poverty, as the static definitions used by Beijing were at odds with the changing international realities of poverty.

The Chinese government has not responded to the request for a response

In his April white paper, he said that the correct system adopted by China under Xi is the “most powerful” weapon to achieve “absolute victory” and to eradicate general poverty and extreme poverty. [China’s] thousands of years of history ”.

China believes that poverty is a mere rural phenomenon, even though it accounts for more than 60% of the population lives in urban areas.

Launched in 2013, Xiren’s campaign it identified all the rural poor – 89.98 million in 2015 – and recorded them in a nationwide database. He then mobilized the state’s vast resources by the end of 2020 to ensure that they do not fall below the poverty line.

The rigid approach meant even when the coronavirus pandemic had a boost declining economic growthThe anti-poverty work in China was to help the remaining 5.51 million rural people on the original list. Few resources were allocated to alleviate the shock of vulnerable households that were not originally registered among the poor.

“In order to accurately capture the impact of Covid-19 on poverty and anywhere else in regions and towns not already identified, simply existing systems would be needed,” Bikales wrote.

Discussions on how to interpret China’s poverty alleviation achievements are also important for the future of the country’s social welfare programs.

Some economists have argued that the country would benefit from setting a much higher absolute poverty line or using a relative or multidimensional measure of poverty, all of which should first acknowledge that there is still poverty in China.

China’s poverty line is above the World Bank’s extreme poverty line of $ 1.90 a day, but below the recommended $ 5.50 a day for high-middle-income countries.

“China is now a medium-high-income country,” said Martin Raiser, the country’s director of the World Bank in China. “It’s going to be important. . . efforts to alleviate poverty are increasingly changing by meeting the standards of middle-income countries, including those living in urban areas, who still consider themselves poor. “

Coronavirus business update

How is the coronavirus taking over in markets, businesses, and in our daily lives and workplaces? Keep up to date with our coronavirus newsletter.

Register here

[ad_2]

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button