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POVERTY, TRUST, AND SOCIAL DISTANCE: A SELF-REINFORCING “POVERTY TRAP”? | Social Philosophy and Policy | Cambridge Core

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POVERTY, TRUST, AND SOCIAL DISTANCE: A SELF-REINFORCING “POVERTY TRAP”? - Volume 40 Issue 1

Abstract We consider the concept of poverty from the asset-accumulation approach and propose an integrated framework, building upon existing theories, to describe how the interconnected factors of trust (or lack thereof) and social distance can reinforce poverty traps. Social distance is influenced by choice, while trust is the symptom that defines the strength of social ties on a group. We look at how an absence of trust influences how households make decisions about the use and accumulation of assets in ways that could perpetuate poverty. Weak trust also affects how groups interact with…

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