The poor face a multitude of obstacles that prevent them from improving their lives from "summary" of Poor Economics by Abhijit Banerjee,Esther Duflo
The lives of the poor are often characterized by a complex web of challenges that hinder their ability to break free from the cycle of poverty. These obstacles can range from lack of access to basic services such as clean water and healthcare, to limited educational opportunities and social exclusion. Without addressing these structural barriers, the poor find themselves trapped in a vicious cycle that perpetuates their poverty. One of the key obstacles faced by the poor is the lack of access to financial resources. Without a stable source of income or savings, the poor are unable to invest in their future or weather unexpected financial shocks. This lack of financial security can prevent them from making long-term investments in education or starting a business, further perpetuating t...
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