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Reducing Inequality for Shared Growth in China: Strategy and Policy Options for Guangdong Province (Directions in Development) by The World Bank is a book available to read on EtoBox.

What is Reducing Inequality for Shared Growth in China: Strategy and Policy Options for Guangdong Province (Directions in Development) about?

'Guangdong, a province of over 93 million residents, is located on the southern coast of China, boarding with Hong Kong, China. As China's powerhouse for economic growth and a pioneer of reform and opening up, Guangdong has maintained an annual average GDP growth rate of 13.7 percent over the past three decades. Its historical achievements notwithstanding, Guangdong witnessed increased inequality and regional disparity. To assist the authority in developing a strategy for the new phase of reforms that promotes more inclusive and sustainable growth, Reducing Inequality for Shared Growth in Guangdong Province recommends a three-pillar approach: eliminating absolute poverty, reducing inequality in opportunities, and containing inequality in outcomes. The book also proposes a range of policy actions in these three broad areas. First, to further develop the social assistance program (i.e. the minimum living allowance program) to address the issue of absolute poverty; Second, to improve income opportunities of the rural poor by better facilitating rural labor migration to non-farming jobs and urban labor markets, deepening rural finance reform, and providing better protection of their ri

Author

The World Bank

Publisher

World Bank; World Bank Publications

Published

2011

Language

EN

ISBN

9781282966437

Subjects

Education, Science, Sociology