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Concept
Structural Trap
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Summary
A
Structural Trap
occurs when individuals or entire economies get stuck in a
Low-performing state
due to deep-rooted institutional, geographical, or
Socio-political constraints
that hinder progress and development. Overcoming such traps requires
Transformative policy changes
and
Innovative Approaches
that address the
Underlying structural causes
.
Concepts
Institutional Economics
Path Dependence
Economic Development
Poverty Traps
Geographical Disadvantages
Political Economy
Systemic Inequality
Hydrocarbon Trapping
Relevant Degrees
Geoastronomy 50%
Geochemistry 38%
Applied Geology 13%
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