Posted Jan 24, 2023 |  by UN-Merit

A poverty trap is a self-reinforcing mechanism that causes poverty to persist. It occurs when current poverty increases the likelihood of being poor in the future. In this UN-Merit paper, Teresa Janz, Britta Augsburg, Franziska Gassmann and Zina Nimeh investigate the persistence of poverty within the theory of poverty traps. In the face of a... Read More

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