Many interventions aimed at alleviating poverty fail from "summary" of Poor Economics by Abhijit Banerjee,Esther Duflo
The idea that many interventions aimed at alleviating poverty do not achieve their intended outcomes is a sobering one. It forces us to confront the harsh reality that good intentions alone are not enough to bring about meaningful change in the lives of the poor. As Banerjee and Duflo point out, the road to hell is often paved with good intentions, and this is especially true in the realm of poverty alleviation. One of the reasons why so many interventions fail to make a lasting impact is that they are based on assumptions that do not reflect the complex and multifaceted nature of poverty. Poverty is not just a lack of material resources; it is also a lack of access to education, healthcare, social support networks, and opportunities for advancement. By focusing solely on providing material resources, many interventions miss the mark and fail to address the ...
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