THE ROLE OF TRANSFER INCOME IN THE ECONOMIC DEVELOPMENT OF CHINESE BORDER RESIDENTS ON THE CHINA-VIETNAM BORDER
Volume 2, Issue 2, Pp 8-11, 2024
DOI: https://doi.org/10.61784/wjebr3014
Author(s)
ZengXian Xiang
Affiliation(s)
School of Business Administration, Baise University, Baise 533000, Guangxi, China.
Corresponding Author
ZengXian Xiang
ABSTRACT
This paper aims to examine the specific impact of transfer income on the economic development of Chinese border residents along the China-Vietnam border and its policy implications under the perspective of the "frontier security concept." Through a review of literature and theoretical analysis, the study explores how transfer income promotes social stability in border areas through economic growth, poverty reduction, decreased inequality, and enhanced social security. The findings reveal that transfer income, as an effective economic policy tool, has significant positive effects on improving border residents' economic levels and maintaining frontier security. It is suggested that in order to optimize the effectiveness of transfer income, the distribution mechanism should be improved, and the accuracy and transparency of policies should be enhanced, while policy coordination should further promote sustainable development in border areas.
KEYWORDS
China-Vietnam border; Transfer income; Frontier security concept; Economic development; Social stability
CITE THIS PAPER
ZengXian Xiang. The role of transfer income in the economic development of Chinese border residents on the China-Vietnam border. The impact of non-renewable energy and agriculture on environmental sustainability in Nigeria. World Journal of Economics and Business Research. 2024, 2(2): 8-11. DOI: https://doi.org/10.61784/wjebr3014.
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