Chronic poverty in the developing world can seem like an insoluble problem. But a long-term study from Bangladesh co-authored by an MIT economist presents a very different picture: When rural poor people get a one-time capital boost, it helps them accumulate assets, find better occupations, and climb out of poverty.
Click here for original story, Study shows the poor simply lack opportunities to gain wealth, but a one-time boost can make a major difference
Source: Phys.org