Ask HN: Investment for Reducing Poverty?

1 point

5 years ago

Studies have shown that poverty may be reduced by capital investment. The amount must be at the “threshold level of initial assets above which households [can] accumulate assets, take on better occupations and grow out of poverty.” How can software and technology be applied in addition to capital investments to enhance poverty reduction and/or reduce the amount of capital required?

References: https://s3.us-west-2.amazonaws.com/secure.notion-static.com/5f09051d-263b-4aac-b202-f94c40121731/why-do-people-stay-poor-evidence-on-poverty-traps-from-rural-bangladesh-revision-V4-32.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAT73L2G45O3KS52Y5%2F20210607%2Fus-west-2%2Fs3%2Faws4_request&X-Amz-Date=20210607T134327Z&X-Amz-Expires=86400&X-Amz-Signature=d7af64b2e6a3c30c7dc20dbeb1a82d566b846c7fc46256b134c8eee867977f5d&X-Amz-SignedHeaders=host&response-content-disposition=filename%20%3D%22why-do-people-stay-poor-evidence-on-poverty-traps-from-rural-bangladesh-revision-V4-32.pdf%22

https://www.investopedia.com/terms/p/poverty-trap.asp