No . 2002 / 22 Income Risk , Coping Strategies and Safety Nets Stefan Dercon
نویسنده
چکیده
High income risk is part of life in developing countries. Climatic risks, economic fluctuations, but also a large number of individual-specific shocks make these households vulnerable to serious hardship. For example, details are given on the various shocks and events causing serious hardship to rural households in Ethiopia in the last twenty years. Not surprisingly for Ethiopia, climatic events are the most common cause of shocks, but many households suffer from other common or idiosyncratic shocks related to economic policy, labour or livestock.
منابع مشابه
Income risk, coping strategies and safety nets
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 ri...
متن کاملSafety nets , savings and informal social security systems in crisis - prone economies 1 Stefan Dercon
The need for effective safety nets and social security has been highlighted by the recent crisis in East-Asia. In other parts of the developing world or in transition economies, the large economic fluctuations, climatic shocks and natural disasters also demand further development of support systems during crises. In this paper, we discuss the role played by self-insurance (via savings) in the p...
متن کاملInsurance, Credit and Safety Nets for the Poor in a World of Risk
The case for an increase in the role of insurance provision in the fight against poverty and vulnerability is well-established. This paper asks how it can be more effectively delivered to the poor, and what its role should be relative to other microfinance programmes, safety nets and informal insurance systems. It focuses on the various interactions, including how insurance may crowd out credit...
متن کاملGrowth, Shocks and Poverty during Economic Reform: evidence from rural Ethiopia, by Stefan Dercon. March 13, 2002
Using micro-level panel data from villages in rural Ethiopia, the paper studies consumption and poverty changes to analyse the determinants of growth and poverty changes during a period of economic reform (1989-97). Consumption grew and poverty fell substantially, but with diverse experiences across villages and individuals. During this period common and idiosyncratic shocks mattered for consum...
متن کاملRisk-sharing networks and insurance against illness
Most risk-sharing tests on developing country data are conducted at the level of the village; generally, the full risk-sharing hypothesis is rejected. This paper uses detailed data on all insurance networks within a village in Tanzania; networks are not clustered but largely overlapping. We test whether full risk-sharing occurs within these networks. While village level full-insurance cannot be...
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تاریخ انتشار 2002