list the development goods/aspirations for all categories of the people
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INCREASE THE INCOME OF PEOPLE,
REDUCE POVERTY AND INEQUALITY OF INCOME,
IMPROVE THE HEALTH
REDUCE POVERTY AND INEQUALITY OF INCOME,
IMPROVE THE HEALTH
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For the past several years, a number of co-authors and I have been working on a series of projects that have explored the relationship between the psychology of poverty and economic development. I thought it might be worth a blog post to summarize what we’ve learned so far, mainly for the sake of practitioners who might want to incorporate behavioral economics-based interventions into their work, but also for other academics interested in this area. My co-authors deserve much if not most of the credit for this work, and they include Travis Lybbert and Irvin Rojas at UC Davis, my colleague Alessandra Cassar at the University of San Francisco, Paul Glewwe at the University of Minnesota, Phillip Ross at Boston University, and Daniel Prudencio at Rice University.
Traditionally development economics has focused on relieving “external constraints” for people in poverty. In layman’s terms essentially what this means is we try to help poor people by providing them stuff. Stuff may include resources devoted to education, finance, infrastructure, even health. And even when we don’t actually give these things away, resources are used to provide people access to them. The point is to relieve some kind of tangible economic constraint in the hopes that once this external constraint is relieved, a virtuous cycle begins in which at long last people earn enough income to save, to educate their children, and to plan in productive waves about the future, rather than having to focus on meeting the needs of today
Traditionally development economics has focused on relieving “external constraints” for people in poverty. In layman’s terms essentially what this means is we try to help poor people by providing them stuff. Stuff may include resources devoted to education, finance, infrastructure, even health. And even when we don’t actually give these things away, resources are used to provide people access to them. The point is to relieve some kind of tangible economic constraint in the hopes that once this external constraint is relieved, a virtuous cycle begins in which at long last people earn enough income to save, to educate their children, and to plan in productive waves about the future, rather than having to focus on meeting the needs of today
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