Rural Poverty Dynamics: Development Policy Implications
Christopher Barrett ()
No 127243, Working Papers from Cornell University, Department of Applied Economics and Management
This paper summarizes a few key findings from a rich and growing body of research on the nature of rural poverty and, especially, the development policy implications of relatively recent findings and ongoing work. Perhaps the most fundamental lesson of recent research on rural poverty is the need to distinguish transitory from chronic poverty. The existence of widespread chronic poverty also raises the possibility of poverty traps. I discuss some of the empirical and theoretical challenges of identifying and explaining poverty traps. In policy terms, the distinction between transitory and chronic poverty implies a need to distinguish between “cargo net” and “safety net” interventions and a central role for effective targeting of interventions.
Keywords: Community/Rural/Urban Development; Food Security and Poverty (search for similar items in EconPapers)
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Journal Article: Rural poverty dynamics: development policy implications (2005)
Working Paper: Rural Poverty Dynamics: Development Policy Implications (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudawp:127243
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