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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on Innovative Path of Coordination between Inclusive Finance and Precision Poverty Alleviation

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DOI: 10.25236/ermbfe.2019.076

Author(s)

Yi Jiang

Corresponding Author

Yi Jiang

Abstract

Poverty has become a major problem that restricts the economic development of all countries in the world. Eliminating poverty is the obligatory responsibility of all mankind. Since the founding of the United Nations, “poverty eradication” has been written into the UN Charter. Therefore, poverty alleviation has become a hot issue of people's livelihood that governments and scholars of various countries have been paying close attention to. Attention to the problem of the gap between rich and poor began in the “low level equilibrium trap” theory put forward by the American economist Nelson in the mid-19th century. The more obvious the gap between rich and poor is, the more countries focus on poverty alleviation and poverty alleviation. With the deepening of financial development, financial means have also become an important means of poverty alleviation in the region. The greatest significance of inclusive financial research lies in the innovative combination of financial means and poverty alleviation, and then find a more effective way out of poverty. Strengthening the construction of financial infrastructure will help to build a mechanism for inclusive financial poverty alleviation and optimize the financial ecological environment. We can not only play the strengths of financial instruments, but also get rid of poverty and embark on the road of prosperity.

Keywords

Inclusive Finance; Precise Poverty Alleviation; Innovative Path