CCT and Rural Long-Term Poverty Reduction: International Experiences and China's Practice

China's anti-poverty strategy in the post-2020 era will focus on reducing chronic poverty and alleviating relative poverty. As a common international approach for long-term multidimensional poverty reduction, conditional cash transfer (CCT) payments reduce current poverty, prevent future povert...

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Bibliographic Details
Published in:China economist (Beijing, China) China), 2022-01, Vol.17 (1), p.106-120
Main Authors: Xiaodong, Zheng, Shuangyue, Shangguan, Dian, Chen, Xiangming, Fang
Format: Article
Language:English
Subjects:
Access to education
Access to information
Children & youth
Commodities
Decision making
Efficiency
Externality
Household utilities
Households
Human capital
Income distribution
Pilot projects
Poverty
Rationality
Rural areas
Shadow prices
Transfer payments
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Summary:China's anti-poverty strategy in the post-2020 era will focus on reducing chronic poverty and alleviating relative poverty. As a common international approach for long-term multidimensional poverty reduction, conditional cash transfer (CCT) payments reduce current poverty, prevent future poverty, and improve income distribution by providing poor households with cash allowances and promoting children's human capital accumulation. For such reasons, CCT serves as an anti-poverty policy instrument worth referencing for China. This paper systematically reviewed the theoretical basis and development journey of CCT, the short-term and long-term implementation effects, as well as the decision-making basis, design and potential limitations. In this paper, we have further analyzed the poverty-reducing effects and problems of China's rural public transfer payment policies in the current stage and discussed the achievements and inadequacies of China's ongoing CCT pilot programs. Results indicate that the further development of CCT in China calls for a combination top-down and bottom-up policy-making approaches in project design and implementation, as well as an evolving poverty governance system complementary with other relevant policies.
ISSN:1673-8837
DOI:10.19602/j.chinaeconomist.2022.01.08