Understanding Poverty

Understanding Poor

Poor

Poverty Dynamics

Why people cannot come out of poverty?

Types of Poverty

Structural

Transient

How people become poor?

Phase 2 Shaky ground phase

Phase 3 Poverty Treadmill

Snakes and Ladders

Basics of the Approach

Enabling the solutions (Ladders)

Resources of the Poor

Resources Poor need

Time

Human Labor & Skills

Community

Assets

Micro Savings

Empathy Banking

Legal Aid

Preventive Healthcare

Education and skill development

Capital

Poverty mindset

Life Shocks

Treadmill Effect below poverty line

Wage Structure

Political enabling of Structural Poverty

Slum Promotion

Path dependent luck

Lack of access to support at critical juncture

Structural Poverty

Identifying the Challenges (Snakes)

Create Snakes and Ladders Board

At Family Level

At Community Level

Shock in window of vulnerability

Building Resilience

Buffers

Education

Phase I The border Phase

Event Driven Poverty

Poverty and War

Poverty and Pandemics

Poverty and Ageing

Introduction

Pandemic and war driven poverty is starting to dominate

Inequality also creates poverty - QE and loose monetary policy

We are entering new era of poverty

Expnese basket v Income basket

How do people come out of poverty?

Employment gridlock - degrees essential to win a seat at the firm