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Introduction and Key Messages

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Abstract

In many ways, the last ten years have been rather good for developing countries. Average income growth rates have been quite high — in fact, substantially higher than in industrialized countries — and absolute income poverty has come down substantially (Chen and Ravallion, 2010). While much of this success in reducing poverty is related to particularly high growth rates in some populous Asian economies (including China, India, Indonesia, and Vietnam), substantial rates of per capita growth and associated poverty reduction has been experienced in the majority of countries from all regions. Even in Sub-Saharan Africa, growth has been higher than in rich countries, and poverty rates have started to come down, albeit only slowly and from a very high level (Bourguignon et al., 2008).

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... Therefore, this latter issue should also be a concern of high priority from a policy perspective, as success in poverty alleviation may not guarantee success in reducing vulnerability (Chakravarty, 2018). In this regard, identifying who constitutes the vulnerable population, understanding the characteristics of vulnerability, identifying its determinants, and finding appropriate measurement standards become critical elements in devising policies aimed at eliminating this issue (Klasen & Waibel, 2013). This represents a pivotal challenge in China's current poverty governance: adopting a scientific approach to precisely predict the poverty risks of rural householders, conducting causal analyses, and ensuring early identification, intervention, and timely assistance to populations prone to relapse into poverty, thereby ensuring the stable transition of previously impoverished populations out of poverty and preventing the recurrence of poverty among vulnerable populations on the fringes of destitution. ...
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