Community-based risk management arrangements: an overview and implications for social fund programs

Ruchira Bhattamishra and Christopher Barrett

No 46333, Social Protection Discussion Papers and Notes from The World Bank

Abstract: Risk and its consequences pose a formidable threat to poverty reduction efforts. This study 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 study 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 innovative social fund programs.

Keywords: Rural Poverty Reduction; Labor Policies; Insurance&Risk Mitigation; Currencies and Exchange Rates; Debt Markets (search for similar items in EconPapers)
Date: 2008-10-01
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www-wds.worldbank.org/servlet/WDSContentSer ... 1PUBLIC10SP00830.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:hdnspu:46333

Access Statistics for this paper

More papers in Social Protection Discussion Papers and Notes from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Aaron F Buchsbaum ().