@article{Liu:333893,
      recid = {333893},
      author = {Liu, Mingyue and Feng, Xiaolong and Wang, Sangui and Qiu,  Huanguang},
      title = {China’s poverty alleviation over the last 40 years:  successes and challenges},
      journal = {Australian Journal of Agricultural and Resource Economics},
      address = {2020-01-01},
      number = {428-2023-751},
      month = {Jan},
      year = {2020},
      abstract = {Over the past 40 years, China has made significant  progress towards its poverty alleviation goals. The rural  population under the current poverty line has decreased  by739.9 million. China has  to more than 70 per cent of  world poverty reduction. To better promote the new  anti-poverty strategy and to serve as a reference for  poverty alleviation in other developing countries, this  paper summarises the main experiences of China’s poverty  alleviation over the past 40 years and then discusses the  challenges associated with implementing the targeted  poverty alleviation policy in the new era. China’s  experience with poverty alleviation includes  developmentoriented poverty alleviation, improving  self-development capabilities of the poor population,  encouraging multiple subjects to participate in poverty  alleviation and focusing on innovation and ways to improve  poverty alleviation. Although China’s poverty alleviation  initiatives have achieved significant successes, there are  still several challenges that should be of concern in the  coming years, such as the diminishing marginal effect of  financial inputs on poverty alleviation, the resulting  negative incentives for the poor to improve their internal  motivations and the insufficient participation of markets  and social forces in poverty alleviation. Given these  challenges, this paper provides suggestions for  anti-poverty policies beyond 2020.},
      url = {http://ageconsearch.umn.edu/record/333893},
      doi = {https://doi.org/10.22004/ag.econ.333893},
}