Can't Get Ahead for Falling Behind: New Directions for Development Policy to Escape Poverty and Relief Traps

摘要: "Can't get ahead for falling behind." The entrapment and powerlessness this phrase evokes applies as much to development policy caught in a vicious circle of vulnerability, crisis reactive aid it does the lives very people policies are designed benefit. We consider these turn, first exploring trap which recent research suggests is costly limited effectiveness, commonly crowds out efforts address underlying structures that create perpetuate vulnerability. then related micro-level poverty traps emerging analysis attributes largely ills dysfunctional factor markets compounded by social exclusion. Both can be escaped only through simultaneous effort retarget assistance firm up crowd-in investment. Foreign must properly targeted toward remedying market deficiencies set vulnerability both poorest assistance.