A Comparative study of Poverty Alleviation in Chaina and Thailand
Keywords:
Poverty Alleviation, Poverty Line, Poverty Measurement, Thailand, ChinaAbstract
This paper compares the the poverty alleviation experiences of China and Thailand, and draws lessons learnt from these experiences in three parts: 1) apparent situations of poverty; 2) measurement of poverty; and 3) actions of poverty alleviation. The major observations include: 1) Both Thailand and China experienced a success period of poverty alleviation on the backgrounds of economic growth and government led programs. Dependence on export, tourism and foreign investment makes Thai economy more vulnerable in the time of Covid 19 pandemic, while the success in China to contain the pandemic and its economic resilience ensured the country to achieve its goal of poverty alleviation in 2020. 2) The national poverty line of Thailand is about 75% higher than that of China, which partially explains the difference in poverty ratio between the countries. It might be the right time for China to learn from the experience of Thailand to adopt a national poverty line close to the international poverty line of Upper Middle Income Countries. 3) In the actions agaionst poverty, there should be a multiparty mobilisation of financial & human resources, an approach of precision in target, project, fund, measures, responsible teams, and dynamic control of performance. Innovations in digital and green economy also create new opportunities for poverty alleviation.
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