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Avoid The Poverty Trap
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Book Synopsis The Economics of Poverty Traps by : Christopher B. Barrett
Download or read book The Economics of Poverty Traps written by Christopher B. Barrett and published by University of Chicago Press. This book was released on 2018-12-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.
Book Synopsis How China Escaped the Poverty Trap by : Yuen Yuen Ang
Download or read book How China Escaped the Poverty Trap written by Yuen Yuen Ang and published by Cornell University Press. This book was released on 2016-09-06 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER OF THE 2017 PETER KATZENSTEIN BOOK PRIZE "BEST OF BOOKS IN 2017" BY FOREIGN AFFAIRS WINNER OF THE 2018 VIVIAN ZELIZER PRIZE BEST BOOK AWARD IN ECONOMIC SOCIOLOGY "How China Escaped the Poverty Trap truly offers game-changing ideas for the analysis and implementation of socio-economic development and should have a major impact across many social sciences." ― Zelizer Best Book in Economic Sociology Prize Committee Acclaimed as "game changing" and "field shifting," How China Escaped the Poverty Trap advances a new paradigm in the political economy of development and sheds new light on China's rise. How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate. Combining this original lens with more than 400 interviews with Chinese bureaucrats and entrepreneurs, Ang systematically reenacts the complex process that turned China from a communist backwater into a global juggernaut in just 35 years. Contrary to popular misconceptions, she shows that what drove China's great transformation was not centralized authoritarian control, but "directed improvisation"—top-down directions from Beijing paired with bottom-up improvisation among local officials. Her analysis reveals two broad lessons on development. First, transformative change requires an adaptive governing system that empowers ground-level actors to create new solutions for evolving problems. Second, the first step out of the poverty trap is to "use what you have"—harnessing existing resources to kick-start new markets, even if that means defying first-world norms. Bold and meticulously researched, How China Escaped the Poverty Trap opens up a whole new avenue of thinking for scholars, practitioners, and anyone seeking to build adaptive systems.
Download or read book Poverty Traps written by Samuel Bowles and published by Princeton University Press. This book was released on 2016-05-31 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much popular belief--and public policy--rests on the idea that those born into poverty have it in their power to escape. But the persistence of poverty and ever-growing economic inequality around the world have led many economists to seriously question the model of individual economic self-determination when it comes to the poor. In Poverty Traps, Samuel Bowles, Steven Durlauf, Karla Hoff, and the book's other contributors argue that there are many conditions that may trap individuals, groups, and whole economies in intractable poverty. For the first time the editors have brought together the perspectives of economics, economic history, and sociology to assess what we know--and don't know--about such traps. Among the sources of the poverty of nations, the authors assign a primary role to social and political institutions, ranging from corruption to seemingly benign social customs such as kin systems. Many of the institutions that keep nations poor have deep roots in colonial history and persist long after their initial causes are gone. Neighborhood effects--influences such as networks, role models, and aspirations--can create hard-to-escape pockets of poverty even in rich countries. Similar individuals in dissimilar socioeconomic environments develop different preferences and beliefs that can transmit poverty or affluence from generation to generation. The book presents evidence of harmful neighborhood effects and discusses policies to overcome them, with attention to the uncertainty that exists in evaluating such policies.
Download or read book Poverty Traps written by Samuel Bowles and published by Princeton University Press. This book was released on 2006-03-19 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much popular belief, and public policy, rests on the idea that those born into poverty have it in their powers to escape. But the persistence of poverty and ever-growing economic inequality around the world has led to many economists to seriously question the model of individual economic self-determination when it comes to the poor. In this book, the contributors argue that there are many conditions that may trap individuals, groups, and whole economies in intractable poverty. For the first time the editors have brought together the perspectives of economies, economic history, and sociology to assess what we know, and don't know, about such traps.
Book Synopsis Twenty-first Century Poverty Trap by : James T. Moodey
Download or read book Twenty-first Century Poverty Trap written by James T. Moodey and published by Createspace Independent Publishing Platform. This book was released on 2016-02-11 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: TWENTY-FIRST CENTURY POVERTY TRAP - HOW TO LAUNCH THE POOR INTO MIDDLE INCOMES THE BOOK ANSWERS A VERY COMMON QUESTION: Given the many trillions of dollars spent since Lyndon Johnson began the Great Society to end poverty in America, why has the poverty rate not gone down? The author begins with a fascinating history of how four brilliant businessmen created a unique economic design that made the United States wealthier than all other nations. This background helps the reader understand, very clearly, how wealth is created; and therefore, how to reduce poverty. He proceeds to identify seven causes of poverty and proposes real solutions for the two largest. As the author states, these two changes in direction can be implemented quickly, "just as any CEO would do. He would identify the problem, repair it, and move on." The author proves convincingly, that the poverty rate will eventually decline by 23 to 66 percent with these two simple corrections. Readers will learn the specifics of how we can create this ladder out of poverty that, for many, will be a catapult to wealth. At least ten million poor will be lifted into middle and upper incomes. This book should be a study guide for politicians and all caring Americans.
Book Synopsis The Economics of Poverty Traps by : Christopher B. Barrett
Download or read book The Economics of Poverty Traps written by Christopher B. Barrett and published by University of Chicago Press. This book was released on 2019-01-11 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.
Book Synopsis The Poverty Trap by : Craig Donnellan
Download or read book The Poverty Trap written by Craig Donnellan and published by . This book was released on 1995 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Exclusion and the Poverty Trap by : Pamela Lenton
Download or read book Financial Exclusion and the Poverty Trap written by Pamela Lenton and published by Routledge. This book was released on 2012-02-27 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses one of the main causes of poverty, financial exclusion – the inability to access finance from the high-street banks. People on low or irregular incomes typically have to resort to loan sharks, ‘doorstep lenders’ and other informal credit sources, a predicament which makes escape from the poverty trap doubly difficult. This book will be vital reading for those concerned with social policy, microfinance and anti-poverty policies in industrialised countries and around the world.
Book Synopsis One Illness Away by : Anirudh Krishna
Download or read book One Illness Away written by Anirudh Krishna and published by OUP Oxford. This book was released on 2010-08-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does poverty persist? A critical, but so far ignored, part of the answer lies in the fact that poverty is regularly created. Large numbers of people are escaping poverty, but large numbers are concurrently falling into chronic poverty. This book presents the first large-scale examination of the reasons why people fall into poverty and how they escape it in diverse contexts. Drawing upon personal interviews with 35,000 households in different parts of India, Kenya, Uganda, Peru, and the United States, it takes you on an illustrative journey, filled with facts, analyses, and the life stories of people who fell into abject poverty and others who managed to escape their seemingly predetermined fates. Letting a farmhand's son or daughter remain a farmhand, even though she or he is potentially the next Einstein, is a tragedy that poor people witness time after time. Remedying this situation is crucial for making poverty history. This book addresses how equal opportunity can be promoted and how slum-born millionaires can arise in reality. Speaking to Barack Obama's message for more effective health care, One Illness Away feeds directly into current public debates. Learning from thousands of individual experiences, this book presents a clear agenda for action and provides more effective ways of keeping people out of micro poverty traps.
Book Synopsis Breaking Out of the Poverty Trap by : Luolin Wang
Download or read book Breaking Out of the Poverty Trap written by Luolin Wang and published by World Scientific. This book was released on 2013 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides unique insights into the challenges and potential solutions to alleviate poverty in western China. It gets at the heart of problems faced by ordinary Tibetans, such as dealing with impacts of natural disasters, lack of education, managing ecological resettlement, and trying to prevent the transmission of intergenerational poverty.
Book Synopsis Against All Odds by : Donatus De Silva
Download or read book Against All Odds written by Donatus De Silva and published by . This book was released on 1989 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 5. India : no longer need the abandon home by Usha Rai.
Book Synopsis How to Overcome Poverty Traps by Education by : Lars-Hinrich R. Siemers
Download or read book How to Overcome Poverty Traps by Education written by Lars-Hinrich R. Siemers and published by . This book was released on 2004 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Poverty, AIDS and Hunger by : A. Conroy
Download or read book Poverty, AIDS and Hunger written by A. Conroy and published by Springer. This book was released on 2006-10-30 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the experiences of Malawi, one of the poorest countries on the African continent, to illustrate both the challenges that poverty creates, and the opportunities for change that exist. Poverty, AIDS and Hunger outlines an easily-replicable model, at modest cost, that could lift people quickly out of poverty, with sustainable benefits.
Book Synopsis Avoid the Poverty Trap by : Wayne Wanders
Download or read book Avoid the Poverty Trap written by Wayne Wanders and published by . This book was released on 2016-04-26 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Tightening Grip of the Poverty Trap by : Arthur B. Laffer
Download or read book The Tightening Grip of the Poverty Trap written by Arthur B. Laffer and published by . This book was released on 1984 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Poverty traps written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Escaping the poverty trap by : African Development Bank
Download or read book Escaping the poverty trap written by African Development Bank and published by . This book was released on 1994* with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:
