Why might it be difficult to get out of this kind of trap


Why might high levels of inequality lead to lower rates of growth and development? Why might it be difficult to get out of this kind of trap? Why is the government sometimes a part of the problem of coordination failure rather than the solution? Does this make the problem hopeless? What could be done in this case?

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Econometrics: Why might it be difficult to get out of this kind of trap
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