Asset opportunity for the poor: An asset-based policy agenda towards inclusive growth in China

Suo Deng, Michael Sherraden, Jin Huang, Minchao Jin

    Research output: Contribution to journalArticle

    Abstract

    The concept of inclusive growth recently embraced by the Chinese government marks a new way of thinking about social policy and development. The primary goal of inclusive growth is to ensure that all people, especially the poorest, have an equal opportunity to participate in, and benefit from, the country's economic growth. In accordance with the new orientation of development strategies, there has been a paradigm shift in social policy from conventional income maintenance to promotion of the poor's asset accumulation and long-term development. Given China's striking social and economic inequalities, this article argues that an asset-based social policy is a key strategy in the strengthening of inclusive growth. The article highlights several areas of the welfare system where asset-based policies could be developed or expanded.

    Original languageEnglish (US)
    Pages (from-to)40-51
    Number of pages12
    JournalChina Journal of Social Work
    Volume6
    Issue number1
    DOIs
    StatePublished - Apr 1 2013

    Fingerprint

    Public Policy
    China
    assets
    Growth
    Economic Development
    Policy Making
    equal opportunity
    development strategy
    social development
    economic growth
    promotion
    welfare
    Economics
    paradigm
    income
    economics
    Social Policy

    Keywords

    • asset opportunities
    • asset-based social policy
    • development
    • inclusive growth

    ASJC Scopus subject areas

    • Health(social science)
    • Sociology and Political Science

    Cite this

    Asset opportunity for the poor : An asset-based policy agenda towards inclusive growth in China. / Deng, Suo; Sherraden, Michael; Huang, Jin; Jin, Minchao.

    In: China Journal of Social Work, Vol. 6, No. 1, 01.04.2013, p. 40-51.

    Research output: Contribution to journalArticle

    Deng, Suo ; Sherraden, Michael ; Huang, Jin ; Jin, Minchao. / Asset opportunity for the poor : An asset-based policy agenda towards inclusive growth in China. In: China Journal of Social Work. 2013 ; Vol. 6, No. 1. pp. 40-51.
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