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 2013

Keywords

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

ASJC Scopus subject areas

  • Health(social science)
  • Sociology and Political Science

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