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Concept information

systems > economic systems > poverty traps

PREFERRED TERM

void:inDataset: http://aims.fao.org/aos/agrovoc/void.ttl#Agrovoc

Created: 2021-02-01T09:10:40

skos:notation: 6ff2859d

poverty traps  

DEFINITION

  • A poverty trap is a self-perpetuating condition, in which an economy suffers from persistent underdevelopment, vicious circle of poverty, created by circular causation due to the presence of some external economies and/or strategic complementarities. (en)

BROADER CONCEPT

IN OTHER LANGUAGES

URI

http://aims.fao.org/aos/agrovoc/c_6ff2859d

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