Rural poverty, risk and development / by Marcel Fafchamps.

Author
Fafchamps, Marcel [Browse]
Format
Book
Language
English
Published/​Created
Rome : Food and Agriculture Organization of the United Nations, 1999.
Description
xvii, 132 pages : illustrations ; 30 cm.

Details

Subject(s)
Series
Bibliographic references
Includes bibliographical references (p. 116-132).
Language note
Summaries also in Arabic, French and Spanish.
Contents
  • Chapter I. Risk and poverty
  • 1. Life and risk
  • 2. Risk in poor rural economies
  • Chapter II. The risk coping strategies of the rural poor
  • 1. Reducing exposure to shocks
  • 1.1. Selecting and modifying the environment
  • 1.2. Specialization
  • 1.3. Diversification
  • 1.4. Self-sufficiency
  • 1.5. Flexibility
  • 2. Saving and liquidating assets
  • 2.1. Liquidating productive assets
  • 2.2. Labor bonding and debt peonage
  • 2.3. Reducing consumption to keep productive assets
  • 2.4. Precautionary saving
  • 2.5. Borrowing
  • 3. Risk sharing
  • 3.1. Implicit risk sharing
  • 3.2. Explicit risk sharing
  • 3.3. Households and groups
  • 3.4. Explicit insurance
  • 3.5. Interlinking and patronage
  • 3.6. Sharing risk across village boundaries
  • 4. Allocation of scarce resources within the household
  • 4.1. Extreme deprivation and selective mortality
  • 4.2. Gender and nutrition gap
  • 4.3. School drop-outs
  • Chapter III. The limits to risk coping
  • 1. The limits to self-protection
  • 1.1. Technological and environmental constraints
  • 1.2. Property rights and asset markets
  • 1.3. The difficulties of precautionary saving
  • 2. Risk sharing, self-interest, and commitment failure
  • 2.1. Social insurance
  • 2.2. Family values
  • 2.3. Informal risk sharing arrangements
  • 2.4. Gifts and risk sharing
  • 2.5. Exclusion and renegotiation
  • 3. Sharing and power
  • 3.1. Patron-client relationships
  • 3.2. Power and coalitions
  • 4. Risk sharing, credit, and information
  • 4.1. Quasi-credit
  • 4.2. Information asymmetries
  • Chapter IV. Risk and development
  • 1. Nutrition and human capital
  • 1.1. Fertility and infant mortality
  • 1.2. Nutrition, health, and vulnerability to shocks
  • 1.3. School attendance and risk
  • 2. Risk and technological innovation
  • 2.1. Production choices and risk
  • 2.2. Diversification and specialization
  • 2.3. Technology uncertainty and learning
  • 3. Commercial crops vs. subsistence farming
  • 3.1. Effect of consumption preferences on crop choices
  • 3.2. Market integration and food self-sufficiency
  • 3.3. Modelling correlation between prices, revenues and output
  • 3.4. Simulation results
  • 3.5. Policy implications
  • 4. Precautionary saving and investment constraints
  • 4.1. Investment and precautionary saving
  • 4.2. A model of irreversible non-divisible investment
  • 4.3. Precautionary saving and reversible investment
  • 4.4. Poverty, shocks, and investment
  • 4.5. Credit constraints and poverty trap
  • 4.6. Poverty, investment, and non-divisibility
  • 5. Risk sharing and risk taking
  • 5.1. Norms of risk sharing in rural communities
  • 5.2. Circumstantial evidence on individualism
  • 5.3. Risk sharing, investment, and saving
  • 5.4. Patronage and inequality
  • 5.5. Egalitarian norms
  • 5.6. Social structure and patronage
  • 5.7. Patronage, accumulation, and returns to scale
  • Conclusions
  • Appendix. Proofs of propositions
  • Figures
  • References.
ISBN
  • 925104371X
  • 9789251043714
LCCN
00343811
OCLC
44433966
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