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

Research on effectiveness of financial poverty alleviation in Yi region of Sichuan province

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DOI: 10.25236/iwass.2018.096

Author(s)

Haichun Tang, Kun Song, Ke Yi

Corresponding Author

Kun Song

Abstract

It is particularly important for Liangshan Yi Autonomous Prefecture, Sichuan Province, to fight against poverty since it is a region with grinding poverty, which is rare now in China. Starting from the perspective of the reinvestment of financial poverty alleviation funds, the sustainable conditions for the independent financial poverty alleviation models performed by formal financial institutions and informal financial organizations are obtained using. Research findings suggest that neither of them has long-term sustainability. As a result, the two can establish continuous cooperative poverty alleviation model under the cooperative conditions with synergy effect.

Keywords

Financial Poverty Alleviation, Dynamic Game, Yi Region