It's nature vs. nurture. One of the big debates of our time involves the causes of economic growth. Why is North America richer than South America? Why is Africa poor and Europe wealthy? Is it ...
Debt is not just a math problem for low income households, it is a form of financial gravity that pulls people deeper every time they try to climb out. I see the same ten forces repeating across ...
Many Filipinos classified as living in "non-poor" households may actually experience poverty because resources are not shared ...
Did you know that nearly half of the world's population survives on less than $6.85 a day? That mind-boggling statistic paints a grim picture of global poverty, yet the reality of those living in such ...
Previous research suggests that economy-wide poverty traps are rarely observed in the data. In this paper, we explore a related hypothesis: low-income countries rarely improve their position relative ...
Matt Bruenig, a writer at the think tank Demos, has a very interesting theory about poverty. He points out that poverty declines as people age. Much of it is simply due to the life cycle of earnings - ...
Meath’s high social housing rents are creating a poverty trap for single working parents, according to a local mother who ...
Nobel Laureate and economist Prof Abhijit Banerjee on Monday said that the solution to a complex problem like poverty comes from ground-level experiments and micro-level policy reforms. Delivering a ...
Add Yahoo as a preferred source to see more of our stories on Google. Image Credit: Shutterstock. Did you know that nearly half of the world's population survives on less than $6.85 a day? That ...