Income Risk, Coping Strategies, and Safety Nets

Income Risk, Coping Strategies, and Safety Nets PDF Author: Stefan Dercon
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Poor rural and urban households in developing countries face substantial risks, which they handle with risk-management and risk-coping strategies, including self-insurance through savings and informal insurance mechanisms. Despite these mechanisms, however, vulnerability to poverty linked to risk remains high. This article reviews the literature on poor households' use of risk-management and risk-coping strategies. It identifies the constraints on their effectiveness and discusses policy options. It shows that risk and lumpiness limit the opportunities to use assets as insurance, that entry constraints limit the usefulness of income diversification, and that informal risk-sharing provides only limited protection, leaving some of the poor exposed to very severe negative shocks. Public safety nets are likely to be beneficial, but their impact is sometimes limited, and they may have negative externalities on households that are not covered. Collecting more information on households' vulnerability to poverty - through both quantitative and qualitative methods - could help inform policy.

Income Risk, Coping Strategies, and Safety Nets

Income Risk, Coping Strategies, and Safety Nets PDF Author: Stefan Dercon
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
Poor rural and urban households in developing countries face substantial risks, which they handle with risk-management and risk-coping strategies, including self-insurance through savings and informal insurance mechanisms. Despite these mechanisms, however, vulnerability to poverty linked to risk remains high. This article reviews the literature on poor households' use of risk-management and risk-coping strategies. It identifies the constraints on their effectiveness and discusses policy options. It shows that risk and lumpiness limit the opportunities to use assets as insurance, that entry constraints limit the usefulness of income diversification, and that informal risk-sharing provides only limited protection, leaving some of the poor exposed to very severe negative shocks. Public safety nets are likely to be beneficial, but their impact is sometimes limited, and they may have negative externalities on households that are not covered. Collecting more information on households' vulnerability to poverty - through both quantitative and qualitative methods - could help inform policy.

Income Risk, Coping Strategies and Safety Nets

Income Risk, Coping Strategies and Safety Nets PDF Author: Stefan Dercon
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 39

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Book Description


Income Risks, Coping Strategies and Safety Nets

Income Risks, Coping Strategies and Safety Nets PDF Author: Stefan Dercon
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Assessing Household Vulnerability and Coping Strategies to Floods

Assessing Household Vulnerability and Coping Strategies to Floods PDF Author: Israt Rayhan
Publisher: Cuvillier Verlag
ISBN: 3867276501
Category :
Languages : en
Pages : 225

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Book Description


Ropewalking and Safety Nets

Ropewalking and Safety Nets PDF Author: Juliette Koning
Publisher: BRILL
ISBN: 904741148X
Category : Social Science
Languages : en
Pages : 235

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Book Description
In this volume, anthropologists and sociologists address the issue of changing forms of local social security in Indonesia, pointing to increasingly exclusivist tendencies that leave the poor and weak out. It provides rich data from cases studies in urban and rural Java.

Innovative risk management strategies in rural and agriculture finance

Innovative risk management strategies in rural and agriculture finance PDF Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
ISBN: 9251096848
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
The regional study collects and analyzes recent innovative risk transfer and sharing strategies used by private or public financial institutions and enterprises leading agricultural investments in Asia. It makes an illustration of the channels through which recent strategies overcome obstacles for the delivery of various financial services to agribusinesses, such as long-term loans, savings, insurance, hedging instruments, and leasing. An explanation of the context in which these strategies seem to work is be provided in addition to those constraints that currently limit further outreach to the agribusiness sector, specially to smaller agro-enterprises with growth potential where poorer rural households participate.

Safety Net Programs and Poverty Reduction

Safety Net Programs and Poverty Reduction PDF Author: K. Subbarao
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
The need for social safety nets has become a key component of poverty reduction strategies. Over the past three decades several developing countries have launched a variety of programs, including cash transfers, subsidies in-kind, public works, and income-generation programs. However, there is little guidance on appropriate program design, and few studies have synthesized the lessons from widely differing country experiences. This report fills that gap. It reviews the conceptual issues in the choice of programs, synthesizes cross-country experience, and analyzes how country- and region-specific constraints can explain why different approaches are successful in different countries.

Extreme Poverty: Vulnerability and Coping Strategies Among Indigenous People in Rural Areas of Bolivia

Extreme Poverty: Vulnerability and Coping Strategies Among Indigenous People in Rural Areas of Bolivia PDF Author: Ivan Omar Velasquez Castellanos
Publisher: Cuvillier Verlag
ISBN: 3867274436
Category :
Languages : en
Pages : 259

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Book Description


Understanding Post-COVID-19 Social and Cultural Realities

Understanding Post-COVID-19 Social and Cultural Realities PDF Author: Sajal Roy
Publisher: Springer Nature
ISBN: 9811908095
Category : Social Science
Languages : en
Pages : 241

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Book Description
This book concentrates on the changing patterns of work and global social order as a result of COVID-19. It scrutinizes these changes in order to point out the possible reasons for these changes following COVID-19. It sheds light on the differences between the condition of underdeveloped and developed countries, focusing on how they struggle to find ways of coping. The pandemic has changed the global social order. It has an impact on every aspect of life around the globe, from individual relationships to institutional operations and international collaborations. Societies are endeavoring to protect themselves despite severe restrictions, while the pandemic continues to upset family relations and overturn governance. COVID-19 has made it clearer than ever before that where many strains on the social sector occur, the current global system, with its interconnectedness and vulnerabilities, is under threat. Due to the changing patterns of economic and societal elements caused by COVID-19, further research is urgently needed to analyze these changing trends. The book portrays what work and the global social order will look like in the future. It is essential reading for anyone interested in these changes and the pst-COVID-19 reality.

World Development Report 2014

World Development Report 2014 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821399039
Category : Business & Economics
Languages : en
Pages : 363

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Book Description
The World Development Report 2014 examines how improving risk management can lead to larger gains in development and poverty reduction. It argues that improving risk management is crucial to reduce the negative impacts of shocks and hazards, but also to enable people to pursue new opportunities for growth and prosperity.