Community-Based Risk Management Arrangements : A Review
Risk and its consequences pose a formidable threat to poverty reduction efforts. This article reviews a plethora of community-based risk management arrangements across the developing world. These types of arrangements are garnering greater interest in light of the growing recognition of the relative prominence of household- or individual-specific idiosyncratic risk as well as the increasing shift towards community-based development funding. The article discusses potential advantages (such as targeting, cost and informational) and disadvantages (such as exclusion and inability to manage correlated risk) of these arrangements, and their implications for the design of community-based social protection programs and policies.
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| Main Authors: | , |
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| Format: | Journal Article biblioteca |
| Language: | EN |
| Published: |
2010
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| Subjects: | Measurement and Analysis of Poverty I320, Welfare and Poverty: Government Programs, Provision and Effects of Welfare Programs I380, Economic Development: Human Resources, Human Development, Income Distribution, Migration O150, |
| Online Access: | http://hdl.handle.net/10986/5420 |
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| Summary: | Risk and its consequences pose a formidable threat to poverty reduction efforts. This article reviews a plethora of community-based risk management arrangements across the developing world. These types of arrangements are garnering greater interest in light of the growing recognition of the relative prominence of household- or individual-specific idiosyncratic risk as well as the increasing shift towards community-based development funding. The article discusses potential advantages (such as targeting, cost and informational) and disadvantages (such as exclusion and inability to manage correlated risk) of these arrangements, and their implications for the design of community-based social protection programs and policies. |
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