This paper discusses whether China's response to the 2008-2009 financial crisis is a 'defining moment', whether it is leading to a departure of China's export-driven development model and whether the large stimulus package is strengthening its social policies and leading towards a more...

This paper discusses whether social funds can help to support local action for poverty reduction. It focuses not on the specific poverty-related projects that are supported by social funds, but the way social funds channel resources. In this context, this paper emphasizes the importance-and...