Poverty and Economic Stagnation in Developing Nations. Guest: Veronique de Rugy. Veronique de Rugy examines why countries like the Democratic Republic of Congo remain in extreme poverty. She identifies institutional failures, such as a lack of property ri

Poverty and Economic Stagnation in Developing Nations. Guest: Veronique de Rugy. Veronique de Rugy examines why countries like the Democratic Republic of Congo remain in extreme poverty. She identifies institutional failures, such as a lack of property rights and predatory governments, as the primary causes of stagnation. Growth, she argues, is the only sufficient element to lift people out of poverty. 2