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Public Capital and Poverty Traps

Pierre-Richard Agénor

in Public Capital, Growth and Welfare: Analytical Foundations for Public Policy

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691155807
eISBN:
9781400845392
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155807.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter focuses on the role that public capital may play in helping a poor country escape from a poverty trap, that is, a low-growth equilibrium. The focus of the discussion is on the ... More


Current Quality of Life in Poor Countries

Partha Dasgupta

in Human Well-Being and the Natural Environment

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199247882
eISBN:
9780191596100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199247889.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

Illustrates how the concept of current well‐being can be put to work on the contemporary world. I draw upon evidence from the contemporary world's poorest countries to suggest that, interestingly, ... More


Building Adaptive Capacity

Tim R. McClanahan and Joshua E. Cinner

in Adapting to a Changing Environment: Confronting the Consequences of Climate Change

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199754489
eISBN:
9780199918843
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199754489.003.0009
Subject:
Biology, Biodiversity / Conservation Biology

In many places building adaptive capacity will be a critical part of preparing for climate change. This chapter discusses ways to build adaptive capacity in society, which is defined as attempts to ... More


‘Big Push’ versus Absorptive Capacity: How to Reconcile the Two Approaches

Patrick Guillaumont and Sylviane Guillaumont Jeanneney

in Foreign Aid for Development: Issues, Challenges, and the New Agenda

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199580934
eISBN:
9780191723346
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199580934.003.0013
Subject:
Economics and Finance, Development, Growth, and Environmental

In this chapter we examine whether absorptive capacity can constitute sufficient justification for rejecting the proposal of a large aid increase to support the ‘big push’. We argue that the ... More


Cumulative Causality, Economic Growth, and the Demographic Transition

David Bloom and David Canning

in Population Matters: Demographic Change, Economic Growth, and Poverty in the Developing World

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199244072
eISBN:
9780191595974
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199244073.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter explores the impact of demographic change on economic growth. It is argued that the interaction of economic growth with population dynamics can create a poverty trap. There may be two ... More


Is Poverty a Binding Constraint on Growth in Sub-Saharan Africa?

Jean-Yves Duclos and Stephen A. O’Connell

in Economic Growth and Poverty Reduction in Sub-Saharan Africa: Current and Emerging Issues

Published in print:
2015
Published Online:
November 2015
ISBN:
9780198728450
eISBN:
9780191795343
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198728450.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

Is poverty a binding constraint on economic growth in sub-Saharan Africa? Plausible theories of economy-wide poverty traps abound, but the empirical cross-country growth literature is indecisive on ... More


Taking Stock of the Evidence on Microfinancial Interventions

Francisco J. Buera, Joseph P. Kaboski, and Yongseok Shin

in The Economics of Poverty Traps

Published in print:
2018
Published Online:
May 2019
ISBN:
9780226574301
eISBN:
9780226574448
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226574448.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

Microfinancial interventions are designed as responses to poverty traps, where the poor cannot invest because they lack wealth, but poverty persists without investment. Interventions include ... More


Heterogeneous Wealth Dynamics On the Roles of Risk and Ability

Paulo Santos and Christopher B. Barrett

in The Economics of Poverty Traps

Published in print:
2018
Published Online:
May 2019
ISBN:
9780226574301
eISBN:
9780226574448
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226574448.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

We study the causal mechanisms behind persistent poverty. Some theoretical models combine non-convex technology with market failures to explain poverty traps, but do they exist in the data? One ... More


Targeting welfare: on the functions and dysfunctions of means testing in social policy

Wim van Oorschot

in World poverty: New policies to defeat an old enemy

Published in print:
2002
Published Online:
March 2012
ISBN:
9781861343956
eISBN:
9781447304340
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781861343956.003.0008
Subject:
Sociology, Social Stratification, Inequality, and Mobility

This chapter describes the shift towards the selective targeting of welfare in both Western and Eastern European countries in recent years. It discusses the pros and cons of means testing in relation ... More


Human Capital and Income Distribution

Pranab Bardhan and Christopher Udry

in Development Microeconomics

Published in print:
1999
Published Online:
November 2003
ISBN:
9780198773719
eISBN:
9780191595929
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198773714.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental

Explores the idea that there is joint causation between income and human capital and that this may generate a poverty trap. It first looks at empirical results on this two‐way causality, namely, at ... More


Creating Synergies between Water, Energy, and Food Security for Smallholders

Jennifer A. Burney

in The Evolving Sphere of Food Security

Published in print:
2014
Published Online:
October 2014
ISBN:
9780199354054
eISBN:
9780199398959
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199354054.003.0006
Subject:
Economics and Finance, International

Nearly 75 percent of the world’s poorest people live in rural areas and depend heavily on agriculture for their livelihoods. Globally, these households produce a large fraction of the world’s food, ... More


The Interlinkages between Natural Disasters and Economic Development

Ajay Chhibber and Rachid Laajaj

in The Economic Impacts of Natural Disasters

Published in print:
2013
Published Online:
September 2013
ISBN:
9780199841936
eISBN:
9780199950157
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199841936.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter provides an analysis of the interaction between natural disasters and human development. It provides a decomposition of the channels through which “human made disasters with a natural ... More


How do Neoclassical Growth Models Behave in Low-income Countries?

Giovanni Andrea Cornia

in The Macroeconomics of Developing Countries: An Intermediate Textbook

Published in print:
2020
Published Online:
July 2020
ISBN:
9780198856672
eISBN:
9780191889851
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198856672.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This chapter discusses the extent to which the neoclassical long-term growth models developed for the advanced economies are able to reproduce the developing countries’ long-term growth path, ... More


Criteria for a Benefits System: Incentives, Efficiency, and Dignity

Malcolm Torry

in Money for everyone: Why we need a citizen's income

Published in print:
2013
Published Online:
January 2014
ISBN:
9781447311249
eISBN:
9781447311287
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781447311249.003.0008
Subject:
Sociology, Politics, Social Movements and Social Change

This chapter evaluates both the current system and a system based on a Citizen's Income against three further criteria The tax and benefits structure should not disincentivise public goods such as ... More


The Economies of Food

Partha Dasgupta

in Feeding a World Population of More Than Eight Billion People: A Challenge to Science

Published in print:
1998
Published Online:
November 2020
ISBN:
9780195113129
eISBN:
9780197561119
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780195113129.003.0007
Subject:
Earth Sciences and Geography, Economic Geography

People expressing concern about the environmental resource basis of human life often take a global, futuristic view (see, e.g., Kennedy, 1993). They emphasize the deleterious effects that growing ... More


Economic Foundations of Unequal Development: Knowledge, Skills, Social Imitation, and Production Externalities

William D. Ferguson

in The Political Economy of Collective Action, Inequality, and Development

Published in print:
2020
Published Online:
September 2020
ISBN:
9781503604612
eISBN:
9781503611979
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604612.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Development requires both ability and coordination, but the abilities and practices that facilitate coordinating production contribute decisively to inequality. The second hypothesis is introduced: ... More


Business-State Interactions

William D. Ferguson

in The Political Economy of Collective Action, Inequality, and Development

Published in print:
2020
Published Online:
September 2020
ISBN:
9781503604612
eISBN:
9781503611979
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604612.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter extends Chapter 8’s political settlement framework by addressing business-state interactions operating within specific types of settlements. Three levels of interaction follow. At the ... More


The Micronutrient Deficiencies Challenge in African Food Systems

Christopher B. Barrett and Leah E. M. Bevis

in The Fight Against Hunger and Malnutrition: The Role of Food, Agriculture, and Targeted Policies

Published in print:
2015
Published Online:
August 2015
ISBN:
9780198733201
eISBN:
9780191797767
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198733201.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental, Public and Welfare

This chapter shows that, contrary to much conventional wisdom, the prevalence of micronutrient deficiencies declines less quickly with per capita income growth than do the wasting or undernourishment ... More


Sovereign State Weakness

David A. Rezvani

in Surpassing the Sovereign State: The Wealth, Self-Rule, and Security Advantages of Partially Independent Territories

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199688494
eISBN:
9780191767739
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199688494.003.0007
Subject:
Political Science, Democratization

Chapter 7 explains why the sovereign states of today tend to be weak. The chapter discusses how the features that once made them strong have significantly eroded—and therefore contribute toward the ... More


How Context Inf luences Development: A New Typology of Political Settlements

William D. Ferguson

in The Political Economy of Collective Action, Inequality, and Development

Published in print:
2020
Published Online:
September 2020
ISBN:
9781503604612
eISBN:
9781503611979
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604612.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

Political settlements underlie institutional construction and thus a society’s prospects for development. Without some mutually understood method for settling major disputes through politics rather ... More


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