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Theories on the causes of poverty are the foundation upon which poverty reduction strategies are based. While in developed nations poverty is often seen as either a personal or a structural defect, in developing nations the issue of poverty is more profound due to the lack of governmental funds.
Wealth_Inequality_in_America_by_politizane.webm (WebM audio/video file, VP8/Vorbis, length 6 min 24 s, 640 × 360 pixels, 229 kbps overall, file size: 10.46 MB) This is a file from the Wikimedia Commons .
The causes of poverty may vary with respect to nation, region, and in comparison with other countries at the global level. Yet, there is a commonality amongst these causes. Yet, there is a commonality amongst these causes.
Wealth, Poverty and Politics: An International Perspective is a book by American economist and social theorist Thomas Sowell. It was originally published by Basic Books in 2015, with an updated version published in 2016.
The Economic Policy Institute (EPI) estimated that greater income inequality added 5.5% to the poverty rate between 1979 and 2007, other factors equal. Income inequality was the largest driver of the change in the poverty rate, with economic growth, family structure, education and race other important factors.
Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson, who jointly received the 2024 Nobel Economics Prize (alongside Simon Johnson) for their contribution in comparative studies of prosperity between nations.
Hill, R. (2002) states that some recent scholars believe the work of Oscar Lewis on the culture of poverty was misinterpreted. They believe his theory was not intended to suggest that low-income earners choose to live in poverty. They believe the culture of poverty is a result of coping mechanisms developed by low-income earners.
As industrial jobs disappeared in cities in the wake of global economic restructuring, and hence urban unemployment increased, women found it unwise to marry the fathers of their children since the fathers would not be breadwinners. In The Truly Disadvantaged Wilson also argued against Charles Murray's theory of welfare causing poverty. [9]
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