Study On Performance Assessment And Model Selection Of Financial Poverty Alleviation

On November 2015,at the meeting of the Central Political Bureau of China,the release of a new signal for poverty reduction was launched,which declared that China’s poverty alleviation work had officially entered the crucial stage of poverty alleviation.In June 2017,the general secretary Xi Jinping delivered a speech on poverty stricken areas,he highlighted that how to realize poverty alleviation in poverty stricken areas is a priority among priorities,which is a short board must be filled.Therefore,it is urgent to study the strategy to crack deep poverty.Through many investigations to the deep poverty areas,the lack of financial support is one of the important factors that cause the region to fall into deep poverty.It is an effective guarantee for poverty alleviation in the deep poverty areas to do a good job in financial poverty alleviation and improve the performance of financial.Scientific evaluation is the key to improving the performance of poverty alleviation.With the development of the third party evaluation,poverty alleviation has been increasingly under supervision and management.However,judging from the existing practice,the poverty alleviation tends to post verification assessment,but little on the performance of poverty alleviation monitoring.Precise poverty requires a precise evaluation,this paper attempts to restructure the financial poverty alleviation model quality evaluation system.Through questionnaires,District,village committee held Symposium,to obtain first-hand information of financial poverty,so we can analyze the performance of financial poverty alleviation concretely.Firstly,from the level of financial poverty alleviation object recognition accuracy and efficiency of financial poverty,we construct the main content of financial performance evaluation system.Then we select Fuyang city as a case analysis,for it both belong to Dabie Mountain concentrated region contiguous poor areas and contiguous poverty stricken areas in Northern Anhui.And we use theoretical derivation method to calculate elite capture degree of Fuyang,to assess the accuracy of object recognition.Then use factor analysis method and three stage DEA method to assess the efficiency of financial poverty alleviation.We also construct the influence mechanism of TOBIT model to analyze the performance of poverty alleviation,and finally put forward the matching of different types of poverty or poverty alleviation project financial poverty alleviation mode.According to the performance of financial poverty alleviation in Fuyang city in 2016,from the identification accuracy of financial poverty alleviation object,we can draw a conclusion that the there is a deep level of "elite capture" phenomenon in counties(districts)in Fuyang,namely poverty alleviation resources failed to effectively focus on the poor population.Among the counties,Linquan has the deepest degree of elite capture,which both belonging to Dabie Mountain Area and Wanbei area.Running from the aspect of financial poverty alleviation efficiency,Yingdong district,Funan County,Taihe County and Jieshou City financial poverty alleviation efficiency does not reach the production frontier effective,there is lack of efficiency to a certain extent.Based on the empirical results above,the paper further analyzes the influence mechanism of performance of financial poverty alleviation.The study finds that both financial poverty alleviation targeting mechanism,fund operation mechanism and credit risk compensation mechanism has a significant positive impact on the performance of financial poverty alleviation,the basic safeguard mechanism has a positive effect on financial performance but the impact is not significant.Therefore,the performance level of financial poverty alleviation is related to whether the financial resources are real benefit the poor people who needs funds to,and whether the poverty alleviation project has relevant industry to support,and how to ensure the safety of capital operation and poor households benefit.Based on the empirical analysis and test above,this paper puts forward the financial poverty alleviation model matching different poverty alleviation objects and poverty alleviation projects.For poor households filing riser proposed microfinance business model of poverty alleviation loans to poor households,in order to optimization services;in view of the lack of financial support for the poverty alleviation project,the industrial linkage financial poverty alleviation model is put forward,this mode provide financial support for poverty alleviation Enterprises through the way of "enterprise + financial + poor households",so the effective circulation of capital can be realized by the hematopoietic function of industry poverty alleviation;for the greater risk of financial poverty alleviation project,we put forward “government + bank + insurance” joint risk sharing poverty alleviation mode,reduce the service cost of financial institutions,with the lead to more social capital and economic entities;for lack of collateral,but has a positive effect in drive the population out of poverty,we put forward "credit + credit" model,the enterprise can obtain loans by credit,and resolve the problem of financing subject.