Chronic poverty is a phenomenon whereby an individual or group is in a state of
poverty
Poverty is the state of having few material possessions or little income. Poverty can have diverse < ...
over extended period of time. While determining both the implicit
poverty line
The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for ...
and the duration needed to be considered long-term is debated, the identification of this kind of poverty is considered important because it may require different policies than those needed for addressing ''transient'' poverty.
[Gibson, John (2001) Measuring chronic poverty without a panel, ''Journal of Development Economics'' Volume 65, Issue 2, August, Pages 243-266]
See also
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Chronic Poverty Research Centre
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Cycle of poverty
In economics, a cycle of poverty or poverty trap is caused by self-reinforcing cycle, self-reinforcing mechanisms that cause poverty, once it exists, to persist unless there is outside intervention. It can persist across generations, and when appl ...
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Extreme poverty
Extreme poverty, deep poverty, abject poverty, absolute poverty, destitution, or penury, is the most severe type of poverty, defined by the United Nations (UN) as "a condition characterized by severe deprivation of basic human needs, includi ...
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Trans poverty
References
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Measurements and definitions of poverty