Explanations
Is poverty self-perpetuating?
23rd August 2019
Excellent for Theme 4 Development Policy, Professor Maitreesh Ghatak from the LSE discusses the implications of a randomised control trial in Bangladesh, where some ultra-poor women were given a capital grant. Complementary assets are needed for capital grants to be effective in helping families escape extreme poverty.
- Economics
- Blog
- Explanations
- Extreme poverty
- Economic development
- Aid Effectiveness
- Savings Gap
- Conditional cash transfer
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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