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Which of the following statement is correct? J. Sachs argues that poor countries cannot escape poverty because they are in a trap. W. Easterly argues
Which of the following statement is correct? J. Sachs argues that poor countries cannot escape poverty because they are in a "trap". W. Easterly argues that the main problem for poor countries is not a poverty trap but the lack of economic and political rights. Banerjee and Duflo argue that theory is not enough for answer whether there is a poverty trap or not. We need to make this assessment case by case
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