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Meet those forgotten by the economic boom in Latin America

March 9, 2015

One in five Latin Americans live in poverty: Not because they consciously want to, but because they have never had a real chance at a good job or a quality education, and possibly because their basic needs are so pressing they eclipse everything else. For them, finding a stable and well paid job is an almost unreachable luxuty. And when they do take on a new project, they tend to believe that they will fail and that they aren't skilled enough to do anything different, anything better. They are the chronic poor, and, due to a lack of tools to overcome their situation, they have little hope of bettering their quality of life. They also fight against a psychological barrier. They are stuck in a vicious cycle: the more they become rooted in poverty, the fewer options they think they have at overcoming it, and the less they believe in themselves, according to the study. In this interview, Ana Revenga, Director of the Poverty Reduction unit at the World Bank, highlights the measures which could help to break the dynamic of chronic poverty in Latin America.