000			01524pab a2200169 454500
008			180718b2002 xxu||||| |||| 00| 0 eng d
100			_aDarcon, Stefan
245			_aIncome risk, coping strategies, and safety nets
260			_c2002
300			_ap.141-66.
362			_aFall
520			_aPoor rural and urban households in developing countries face substantial risks, which they handle with risk-management and risk-coping strategies, including self-insurance through savings and informal insurance mechanisms. Despite these mechanisms, however, vulnerability to poverty linked to risk remains high. this article reviews the literature on poor households' use of risk-management and risk-coping strategies. It identifies the constraints on their effectiveness and discusses policy options. It shows that risk and lumpiness limit the opportunities to use assets an insurance, that entry constraints limit the usefulness of income diversification, and that informal risk-sharing provides only limited protection, leaving some of the poor exposed to very severe negative shocks. Public safety nets are likely to be beneficial, but their impact is sometimes limited, and they may have negative externalities on households that are not covered. Collecting more information on households' vulnerability to poverty - through both quantitative and qualitative methods - could help inform policy. - Reproduced.
650			_aManagement
650			_aPoverty
773			_aWorld Bank Research Observer
909			_a54715
999			_c54715 _d54715