Monday, May 2, 2011

Poverty Traps and Nutrition

Abhijit Banerjee and Esther Duflo have written a  remarkable article  for Foreign Policy (May/June 2011) : “More Than 1 Billion People Are Hungry in the World.” With a subtitle: “ But what if the experts are wrong?”

They open new perspectives on hunger and poverty, and what works – and what doesn’t – in development policies.


“What we’ve found is that the story of hunger, and of poverty more broadly, is far more complex than any one statistic or grand theory; it is a world   … where more money doesn’t necessarily translate into more food, and where making rice cheaper can sometimes even lead people to buy less rice.”

A must read.

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