Readership: Reasearchers and academics in development economics, development studies, international political economy, international relations, agriculture, and finance; international organisations and national government agencies; NGOs, and professionals in international development agencies.
Edited by Stefan Dercon, University of Oxford
""To conclude, this book provides a set of useful answers on crucial policy questions and deserves wide reading. It also points to the potential for a rich agenda of research questions for development economists to address"" - Flore Gubert, IRD, DIAL, Paris, Journal of African Economies, 16 (1): 172175, September 2006
""The volume begins with a very informative and well-thought-out review essay on risk and insurance by Dercon himself. This overview would be a useful addition to syllabi for advanced undergraduate or graduate development economics courses and to anyone wanting to get up to speed on the vast literature devoted to the topic. More generally, the essays in this volume will probably be most useful to scholars
interested in a particular topic or in evidence and information for a particular country."" - Anna Paulson, Federal Reserve Bank of Chicago, Economic Development and Cultural Change, 55: 625627, April 2007 Reserve Bank of Chicago, Economic Development and Cultural Change, 55: 625627, April 2007
"This is a rich and scholarly collection of papers that could help design a more effective poverty alleviation strategy - especially in a world characterized by diverse and pervasive risks against which large segments of the population are often defenceless." - Gaiha, Development and Change
Stefan Dercon: Overview
Risk and Insurance: evidence
1: Stefan Dercon: Risk, Insurance and Poverty: a review
2: Jonathan Morduch: Consumption Smoothing Across Space: Testing Theories of Risk-Sharing in the ICRISAT Study Region of South India
Risk and Poverty: Theory
3: Abhijit Banerjee: The Two Poverties
4: Marcel Fafchamps: Inequality and Risk
Risk and Poverty Persistence
5: Jyotsna Jalan and Martin Ravallion: Household Income Dynamics in Rural China
6: Stefan Dercon and John Hoddinott: Health, Shocks and Poverty Persistence
7: Paul Collier: The Macroeconomic Repercussions of Agricultural Shocks and their Implications for Insurance
Identifying the Vulnerable
8: Gisele Kamanou and Jonathan Morduch: Measuring Vulnerability to Poverty
9: Ethan Ligon: Targeting and Informal Insurance
Risk and Social Institutions
10: Joachim De Weerdt: Risk-Sharing and Endogenous Network Formation
11: Markus Goldstein, Alain de Janvry and Elisabeth Sadoulet: Is a Friend in Need a Friend Indeed? Inclusion and Exclusion in Mutual Insurance Networks in Southern Ghana
12: Jean-Philippe Platteau: The Gradual Erosion of the Social Security Function of Customary Land Tenure Arrangements in Lineage-Based Societies
Safety nets and social institutions
13: Pedro Albarran and Orazio P. Attanasio: Do Public Transfers Crowd Out Private Transfers? Evidence from a Randomized Experiment in Mexico
14: Stefan Dercon and Pramila Krishnan: Food Aid and Informal Insurance
15: Jonathan Conning and Michael Kevane: Why isn't there more Financial Intermediation in Developing Countries?
Developing better protection for the poor
16: Christopher B. Barrett, Stein Holden and Daniel C. Clay: Can Food-for-Work Programmes Reduce Vulnerability?
17: Loïc Sadoulet: Learning from Visa®? Incorporating Insurance Provisions in Microfinance Contracts
18: Jerry Skees, Panos Varangis, Donald Larson and Paul Siegel: Can Financial Markets be Tapped to Help Poor People Cope with Weather Risks?
19: Stefan Dercon: Risk, Poverty, and Public Action