Poverty traps
By: edited by Samuel Bowles, Steven N. Durlauf, and Karla Hoff.
Contributors: Bowles, Samuel.; Durlauf, Steven N.; Hoff, Karla Ruth.; Russell Sage Foundation.
Publisher: Russell Sage Foundation; Princeton University Press
Published: 2006
Place of publication: New York; Princeton, N.J
Language: eng
Number of pages: 241
Description: 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.
Notes: Includes bibliographical references and index.