Construct · 1 fields · 1 citations

asset poverty trap: a standalone construct

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Development economics

a trap in which households whose assets fall below a critical threshold cannot accumulate and stay poor, separating structural from stochastic poverty.

In development economics, asset poverty trap refers to a trap in which households whose assets fall below a critical threshold cannot accumulate and stay poor, separating structural from stochastic poverty. This meaning comes from Carter (2006) in Journal of Development Studies.[1]

Unit
Recovery means
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Nearby constructs

asset poverty1 fields · 1 citationsanchor · a standalone construct asset2 fields · 2 citationsjingle · one word, two constructs development1 fields · 2 citationsanchor · a standalone construct

References

Carter, M. R., & Barrett, C. B. (2006). The economics of poverty traps and persistent poverty: An asset-based approach. Journal of Development Studies, 42(2), 178-199. https://doi.org/10.1080/00220380500405261

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