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Structural change and poverty elimination

Structural change and poverty elimination The United Nations adopted 17 goals for sustainable development, which has been known as the 17 SDGs. Knowing how to achieve these goals will be very important for many countries. The first of the 17 is no poverty. The purpose of this paper is to analyze how to realize no poverty in UN’s SDGs by focusing on structural changes based on the New Structural Economics.Design/methodology/approachThis paper explains the relationship between structural changes and people’ s income in both rural and urban areas, and then introduces how to eliminate poverty from a New Structural Economics’ perspective. Finally, it discusses what to do to make these changes a reality.FindingsTo reduce and eventually eliminate poverty, increasing personal income becomes the first step. From national perspective, structural changes are related to an income increase. In rural and urban areas alike, the structural changes will usually be accompanied by new technologies and job opportunities, which will help people improve their incomes.Originality/valueThis paper explains relationship between structural changes and poverty elimination. How to increase people’s income is also discussed according to New Structural Economics. This paper’s findings may well be valuable for research on poverty elimination in the future. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png China Agricultural Economic Review Emerald Publishing

Structural change and poverty elimination

Lin, Justin Yifu
China Agricultural Economic Review , Volume 11 (3): 8 – Sep 18, 2019
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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1756-137X
DOI
10.1108/caer-08-2018-0169
Publisher site
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Abstract

The United Nations adopted 17 goals for sustainable development, which has been known as the 17 SDGs. Knowing how to achieve these goals will be very important for many countries. The first of the 17 is no poverty. The purpose of this paper is to analyze how to realize no poverty in UN’s SDGs by focusing on structural changes based on the New Structural Economics.Design/methodology/approachThis paper explains the relationship between structural changes and people’ s income in both rural and urban areas, and then introduces how to eliminate poverty from a New Structural Economics’ perspective. Finally, it discusses what to do to make these changes a reality.FindingsTo reduce and eventually eliminate poverty, increasing personal income becomes the first step. From national perspective, structural changes are related to an income increase. In rural and urban areas alike, the structural changes will usually be accompanied by new technologies and job opportunities, which will help people improve their incomes.Originality/valueThis paper explains relationship between structural changes and poverty elimination. How to increase people’s income is also discussed according to New Structural Economics. This paper’s findings may well be valuable for research on poverty elimination in the future.

Journal

China Agricultural Economic Review – Emerald Publishing

Published: Sep 18, 2019

Keywords: Development economics; Sustainable development goals; New Structural Economics; Poverty elimination; Structural changes

References

  • Endowment structures, industrial dynamics, and economic growth
    Ju, J.; Lin, J.Y.; Wang, Y.
  • Education and innovation adoption in agriculture: evidence from hybrid rice in China
    Lin, J.Y.
  • New Structural Economics: a framework for rethinking development policy
    Lin, J.Y.
  • The washington consensus revisited: a New Structural Economics perspective
    Lin, J.Y.
  • Remodeling Structural Change
    Lin, J.Y.; Wang, Y.