Innovations in insuring the poor: Innovations in insuring the poor: Overview

Risk characterizes life for many of the world’s poorest households. They are more likely to be located in environments where livelihoods are highly susceptible to weather and price variability and where health risks are pervasive. When these risks are uninsured, they not only reduce the current welf...

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Detalles Bibliográficos
Autores principales: Hill, Ruth Vargas, Torero, Máximo
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2009
Materias:
Acceso en línea:https://hdl.handle.net/10568/161893
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author Hill, Ruth Vargas
Torero, Máximo
author_browse Hill, Ruth Vargas
Torero, Máximo
author_facet Hill, Ruth Vargas
Torero, Máximo
author_sort Hill, Ruth Vargas
collection Repository of Agricultural Research Outputs (CGSpace)
description Risk characterizes life for many of the world’s poorest households. They are more likely to be located in environments where livelihoods are highly susceptible to weather and price variability and where health risks are pervasive. When these risks are uninsured, they not only reduce the current welfare of poor rural households, but also threaten future income growth and thus perpetuate poverty. Reducing the risks faced by poor households, and enabling poor households to better deal with bad events when they do occur, is essential to improving their welfare in the short run and their opportunities for income growth in the long run. This set of briefs considers how to increase the riskmanagement mechanisms available to poor households. The focus is how to develop insurance markets, along with other financial instruments such as credit and savings and ex post mechanisms such as social protection policies.
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spelling CGSpace1618932025-11-06T04:21:30Z Innovations in insuring the poor: Innovations in insuring the poor: Overview Hill, Ruth Vargas Torero, Máximo risk price volatility poverty households income generation credit Risk characterizes life for many of the world’s poorest households. They are more likely to be located in environments where livelihoods are highly susceptible to weather and price variability and where health risks are pervasive. When these risks are uninsured, they not only reduce the current welfare of poor rural households, but also threaten future income growth and thus perpetuate poverty. Reducing the risks faced by poor households, and enabling poor households to better deal with bad events when they do occur, is essential to improving their welfare in the short run and their opportunities for income growth in the long run. This set of briefs considers how to increase the riskmanagement mechanisms available to poor households. The focus is how to develop insurance markets, along with other financial instruments such as credit and savings and ex post mechanisms such as social protection policies. 2009 2024-11-21T09:59:12Z 2024-11-21T09:59:12Z Brief https://hdl.handle.net/10568/161893 en Open Access application/pdf International Food Policy Research Institute Hill, Ruth Vargas; Torero, Maximo. 2009. Innovations in insuring the poor: Innovations in insuring the poor. 2020 Vision Focus Brief 17(1). https://hdl.handle.net/10568/161893
spellingShingle risk
price volatility
poverty
households
income generation
credit
Hill, Ruth Vargas
Torero, Máximo
Innovations in insuring the poor: Innovations in insuring the poor: Overview
title Innovations in insuring the poor: Innovations in insuring the poor: Overview
title_full Innovations in insuring the poor: Innovations in insuring the poor: Overview
title_fullStr Innovations in insuring the poor: Innovations in insuring the poor: Overview
title_full_unstemmed Innovations in insuring the poor: Innovations in insuring the poor: Overview
title_short Innovations in insuring the poor: Innovations in insuring the poor: Overview
title_sort innovations in insuring the poor innovations in insuring the poor overview
topic risk
price volatility
poverty
households
income generation
credit
url https://hdl.handle.net/10568/161893
work_keys_str_mv AT hillruthvargas innovationsininsuringthepoorinnovationsininsuringthepooroverview
AT toreromaximo innovationsininsuringthepoorinnovationsininsuringthepooroverview