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- W3124163571 abstract "Sustainable poverty reduction requires instruments to help rural households manage risk effectively. But appropriate interventions are highly conditional on the nature of the risk involved: idiosyncratic – meaning that one household’s experience is unrelated to neighbors’ – or covariate – meaning that neighboring households suffer similar shocks. Growing empirical evidence suggests that idiosyncratic risk due to crop yield shocks associated with microclimatic variation or localized wildlife damage or pest infestation, illness (especially chronic rather than infectious disease), and one-off events (e.g., property loss due to fire or theft) exceeds covariate income and asset risk in rural Africa and Asia." @default.
- W3124163571 created "2021-02-01" @default.
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- W3124163571 date "2011-03-25" @default.
- W3124163571 modified "2023-09-26" @default.
- W3124163571 title "Covariate Catastrophic Risk Management in the Developing World: Discussion" @default.
- W3124163571 hasPublicationYear "2011" @default.
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