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Rural poverty dynamics: development policy implications

Rural poverty dynamics: development policy implications This article explores the useful distinction between chronic and transitory poverty in understanding rural welfare dynamics, highlighting the possibility of poverty traps and their implications for “cargo net” policies to build up productive assets and “safety net” policies to protect such assets. We discuss the methodological difficulties in identifying and explaining either poverty traps or the critical thresholds that are their defining feature. A few empirical examples from sub‐Saharan Africa illustrate the likely existence of poverty traps that help to explain chronic rural poverty. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Agricultural Economics Wiley

Rural poverty dynamics: development policy implications

Agricultural Economics , Volume 32 – Jan 1, 2005

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References (88)

Publisher
Wiley
Copyright
Copyright © 2005 Wiley Subscription Services, Inc., A Wiley Company
ISSN
0169-5150
eISSN
1574-0862
DOI
10.1111/j.0169-5150.2004.00013.x
Publisher site
See Article on Publisher Site

Abstract

This article explores the useful distinction between chronic and transitory poverty in understanding rural welfare dynamics, highlighting the possibility of poverty traps and their implications for “cargo net” policies to build up productive assets and “safety net” policies to protect such assets. We discuss the methodological difficulties in identifying and explaining either poverty traps or the critical thresholds that are their defining feature. A few empirical examples from sub‐Saharan Africa illustrate the likely existence of poverty traps that help to explain chronic rural poverty.

Journal

Agricultural EconomicsWiley

Published: Jan 1, 2005

Keywords: ; ; ; ; ; ;

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