Search results
Results from the WOW.Com Content Network
Nurkse is one of the founding fathers of Classical Development Economics. Together with Rosenstein-Rodan and Mandelbaum, he promoted a 'theory of the big push', emphasized the role of savings and capital formation in economic development, and argued that poor nations remained poor because of a 'vicious circle of poverty'.
Controversial educational psychologist Ruby K. Payne, author of A Framework for Understanding Poverty, distinguishes between situational poverty, which can generally be traced to a specific incident within the lifetimes of the person or family members in poverty, and generational poverty, which is a cycle that passes from generation to ...
A vicious circle (or cycle) is a complex chain of events that reinforces itself through a feedback loop, with detrimental results. [1] It is a system with no tendency toward equilibrium ( social , economic , ecological , etc.), at least in the short run.
Citing the limited size of the market as the main impediment in economic growth, Nurkse reasons that an increase in productivity can create a virtuous circle of growth. [7] Thus, a large scale investment programme in a wide array of industries simultaneously is the answer.
Man with disabilities in Bangladesh. A multitude of studies have been shown to demonstrate a significant rate of disability among individuals living in poverty. The evidence on the association between disability and poverty was recently reviewed in the United Nations' first Flagship Report on Disability and Development [1] The association between disability and poverty has been shown to be ...
In politics, there is a dirty, ugly, open secret that the word ‘poverty’ — the topic of poverty — is a taboo subject. In the first presidential debate, there were no questions about ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Once rural populations fall below a critical mass, the population is too small to support certain businesses, which then also leave or close, in a vicious circle. Services to smaller and more dispersed populations may be proportionately more expensive, which can lead to closures of offices and services, which further harm the rural economy ...