… Can microcredit help unlock a poverty trap for some people by putting their businesses on a
… entrepreneurs, short-term access to credit can indeed facilitate escape from a poverty trap. …

… , especially in situations where the poor households own … The concept of ‘development
traps’ used in this book refers to a … these traps while others are to be overcome in future. These …

… We document how single-minded policies that ignore this dual challenge can spectacularly
fail, and we discuss in depth a series of particularly promising policies. Fourth, we highlight …

… Indeed, China is often said to be pursuing ‘debt-trap diplomacy’: luring poor, developing
countries into agreeing unsustainable loans to pursue infrastructure projects so that, when they …

… Along the way, we will discover why our intuitions often fail … their answers, for good and bad,
and their own trajectories would … “But I believe two would be bad for my digestion because I …

… -corruption equilibrium “trap” is through a so-called “big bang” or “big push.” However,
corruption's self-reinforcing property does not logically entail the necessity of a big bang approach …

… ventures of the poor more vulnerable and fragile, particularly when making bad decisions
or … Many poor entrepreneurs fail, and of those that survive, only a small percentage will ever …

… to lead our way out of the Malthusian trap?’ This book seeks to … that accrue to the poor, the
not-so-poor and even the rich, in … and industries that were ‘too big to fail’, the United States …

… We work hard to find happiness-but all too often, we fail; and … This book is based on a huge
body of scientific research that … tools and strategies we need to break bad habits, overcome …

… , skills, and innovation), a country may fail to jump start the process due to lack of public …
have entered into a middle-income trap characterized by a “bad, but stable equilibrium,” …