Concept information
There is no term for this concept in this language.
Preferred term
Definition
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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)Source: https://doi.org/10.1057/978-1-349-95121-5_2700-1
Created: 2/1/21
In other languages
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Created: 2024-08-12T10:30:42Z
Arabic
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Created: 2022-10-22T19:44:50
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Created: 2024-11-21T16:43:39
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Created: 2021-02-01T09:10:40
English
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Created: 2021-02-01T09:12:28
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Created: 2024-11-21T16:43:40
Norwegian Bokmål
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Created: 2021-02-15T12:57:36
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Created: 2022-12-15T23:18:46
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