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March 19, 2009 | Bottom Up vs. Top Down

According to a recent study from the World Bank, a bottom up approach to policies to deal with poverty would be more effective. ++ Accordingly, the provision of individual motives — like finding a job, investing in business, accumulating assets — is the best way to overcome poverty. ++ The top down approach is only limited in its effectiveness and produces short term relief. ++ Indeed, the

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