The Poverty Alleviation Effect Of Financial Investment In Hechi

Financial input and poverty mitigation have been a matter of concern to academics and policymakers.Government has always attached great importance to poverty,adopted many poverty reduction measures and achieved remarkable results.According to the data released by the National Bureau of Statistics,there were nearly 200 million rural poverty-stricken people out of poverty in China from 1978 to 2015,and this achievement is largely dependent on China's effective poverty reduction measures.In the context of China's promotion of precision poverty alleviation policy,the role of financial investment in poverty reduction can not be ignored and further research is needed.Hechi is a relatively concentrated area of China's poverty-stricken counties,the country's 92 state-level poverty-stricken counties in China,including 28,Hechi,Fengshan County,Donglan,Luocheng,Central River,Bama,Du'an,And other seven counties are listed as the new era of national poverty alleviation and development work of key counties.By 2015,the incidence of poverty in Hechi is as high as 19%,13 percentage points higher than the national average.Hechi is still the main battlefield of the country during the "13th Five-Year Plan" period.This paper makes use of the data of Hechi,which is concentrated in the poverty-stricken counties of ethnic areas in our country,through theoretical and empirical analysis to study the impact of financial investment on poverty alleviation in the context of precision poverty alleviation.It has important theoretical and practical significance for the study of financial investment and poverty alleviation How the other regions of our country through financial investment to alleviate poverty has an important reference.This paper is divided into five parts to study the poverty alleviation effect of financial investment in Hechi.The first part briefly expounds the background and significance of this paper,literature review,research ideas,research methods and innovation points.The second part makes a theoretical analysis on the mitigation effect of financial investment,and puts forward the financial investment to promote economic growth through capital accumulation,industrial upgrading and technological innovation.Economic growth alleviates poverty through trickle effect,pro-poor effect and distribution effect.The third part analyzes the measures and achievements of financial investment in Hechi to alleviate poverty from the perspective of the financial investment of Hechi and the support of capital accumulation,the promotion of industrial upgrading and the improvement of rural residents' income.In the fourth part,the author uses the time series data of Hechi to carry out co-integration test,impulse response and variance decomposition on the contribution of financial investment to poverty alleviation.It is found that the economic growth of Hechi is mainly through the "trickle effect" rather than "pro Poverty should play a role in alleviating poverty,economic growth and increased loans to rural residents per capita net income greater impact.The fifth part puts forward some policy suggestions on the basis of qualitative and quantitative analysis of poverty alleviation effect of financial investment in Hechi,including:improving the rural financial system,increasing the delivery of agricultural loans,improving the rural guarantee system and strengthening the agricultural insurance Protection and so on.