The Economics of Poverty in Poor Countries
Paper No' DEDPS 09:
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Keywords: Poverty traps; positive feed-back; undernourishment; property rights; fertility; the commons; local democracy; civil liberties
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This article examines the links that have recently been studied between poverty, high fertility and undernourishment, on the one hand, and degradation of the local environmental-resource base and civic disconnection, on the other, in poor countries. An account is offered of a number of pathways involving positive feed-backs that create poverty traps, into which certain identifiable groups of people in an economy can get caught even when the economy in the aggregate experiences economic growth. The relevant policy implications are noted