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The Economics of Poverty Traps - Barrett, Christopher B (Editor), and Carter, Michael R (Editor), and Chavas, Jean-Paul (Editor)
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What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms--not just financial, but also environmental, physical, and psychological--that may contribute to the persistence of poverty all over the world. The research in ...

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The Economics of Poverty Traps 2018, University of Chicago Press

ISBN-13: 9780226574301

Hardcover