"Te running of the country by few elites that eventually become corrupt/extractive". Is one of the reasons... but not THE reason. Otherwise Singapore should b

"Te running of the country by few elites that eventually become corrupt/extractive". Is one of the reasons... but not THE reason. Otherwise Singapore should be poor, but they are not. often, it can be explained with the inability of a government to govern, and individuals are left to their own devices.... Favelas are a demonstration of it (lack of proper housing policy and urban organization by the government). Also a lot of the chaos of post Communist Europe.... You can have the greatest laws in the book, but if you can't effectively enforce them, or govern, then it doesn't matter. Corrupt elites just accelerate poverty, but they are not the only cause of it.