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The United Nations adopted 17 goals for sustainable development, which has been known as the 17 SDGs. Knowing how to achieve these goals will be very important for many countries. The first of the 17 is no poverty. The purpose of this paper is to analyze how to realize no poverty in UN’s SDGs by focusing on structural changes based on the New Structural Economics.

This paper explains the relationship between structural changes and people’ s income in both rural and urban areas, and then introduces how to eliminate poverty from a New Structural Economics’ perspective. Finally, it discusses what to do to make these changes a reality.

To reduce and eventually eliminate poverty, increasing personal income becomes the first step. From national perspective, structural changes are related to an income increase. In rural and urban areas alike, the structural changes will usually be accompanied by new technologies and job opportunities, which will help people improve their incomes.

This paper explains relationship between structural changes and poverty elimination. How to increase people’s income is also discussed according to New Structural Economics. This paper’s findings may well be valuable for research on poverty elimination in the future.

Development economics is a new sub-discipline in modern economics. The first generation of development economics is structuralism. The second generation of development economics is neoliberalism. Most developing countries followed the above two generations of development economics and failed to achieve industrialization and modernization. The purpose of this paper is to introduce the third generation of development economics, called new structural economics, which advises governments in developing countries to play a facilitating role in the development of industries in a market economy according to the country’s comparative advantages. The paper also discusses how the government may use industrial policies to play this facilitating role and some new theoretical insights from new structural economics.

The paper draws on the experiences of success and failure in developing countries to generate new understanding about the nature and causes of economic development in developing countries.

The structuralism failed because it ignored the endogeneity of economic structure in a country. The neoliberalism failed because it neglected the endogeneity of distortions in the transition economies.

The paper proposes new policy and theoretical framework for developing countries.

The author presents practitioners with an overview of experts’ outlook for China econmic future. While some observers see the likelihood of a decade of continued rapid growth ahead, others see major economic challenges on the horizon.

To better understand the forces at play, consider the rationale underpinning three experts’ different perspectives on the future of China’s economy.

The author looks at the thinking underlying three vies: Confidence in steady growth: optimism based on China’s continuing “latecomer advantage” and its plentiful investment resources. Cautionary warning: pessimism based largely on his perception of China’s debt load and structural economic limits to consumer spending. Why you shouldn’t bet on pessimism: a rebuttal to much of the reasoning underpinning gloomy growth forecasts.

Taken together, a weak renminbi, low interest rates, and restrained wage growth would signal efforts to maintain the viability of China’s “latecomer” economic model.

The article helps practitioners understand the logic behind optimistic and pessimistic view of China’s economy so that as events develop observers can better understand which future is unfolding and what risks increasing or decreasing.