This book presents research on the relationship between risk and poverty in developing countries. It explores risks and shocks affecting the poor, the risk-coping mechanisms they use, the measurement of vulnerability to poverty, and policy implications. The book is divided into seven parts. Part I discusses risk-sharing strategies. Parts II and III examine the links between risk and poverty. Part IV provides frameworks for measuring vulnerability to poverty. Part V and VI deal with the role of social institutions. Part VII presents options for protecting the poor. Part VIII discusses role of p ... More

This book presents research on the relationship between risk and poverty in developing countries. It explores risks and shocks affecting the poor, the risk-coping mechanisms they use, the measurement of vulnerability to poverty, and policy implications. The book is divided into seven parts. Part I discusses risk-sharing strategies. Parts II and III examine the links between risk and poverty. Part IV provides frameworks for measuring vulnerability to poverty. Part V and VI deal with the role of social institutions. Part VII presents options for protecting the poor. Part VIII discusses role of public in insuring against poverty.