Community-Based Development and Aggregate Shocks in Developing Countries-The Experience of an NGO in Pakistan-

Takashi Kurosaki and Hidayat Ullah Khan

Economic Review, 2014, vol. 65, issue 2, 168-186

Abstract: This paper empirically investigates whether a community-based development (CBD) approach is effective in mitigating the ill-effect of aggregate shocks. The analysis is based on a three-year panel dataset of approximately 600 households in rural Pakistan where a local NGO has implemented CBD interventions. Results show that the mitigating effect was absent when the control group includes both non-member households in villages under CBD interventions and households in villages without such interventions. On the other hand, a strong spillover effect within the former types of villages from member to non-member households was found, mitigating the ill-effects of aggregate shocks. Furthermore, CBD interventions accompanied by micro infrastructure construction or microcredit provision were found effective in mitigating the ill-effects. These results indicate a possibility that whether a CBD approach mitigates aggregate shocks depends on the type of interventions and the nature of market failures.

JEL-codes: D12 L31 O12 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hit:ecorev:v:65:y:2014:i:2:p:168-186

DOI: 10.15057/27352

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