1.

Record Nr.

UNINA9910451635803321

Autore

Alderman Harold <1948->

Titolo

Insurance against covariate shocks [[electronic resource] ] : the role of index-based insurance in social protection in low-income countries of Africa / / Harold Alderman and Trina Haque

Pubbl/distr/stampa

Washington, DC, : World Bank, 2007

ISBN

1-280-85776-5

9786610857760

0-8213-7037-5

Descrizione fisica

1 online resource (48 p.)

Altri autori (Persone)

HaqueTrina

Disciplina

368.1/210091724

Soggetti

Insurance - Africa

Poverty - Africa

Risk (Insurance) - Africa

Electronic books.

Africa Economic conditions 1960-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Contents; Abstract; Acknowledgments; 1. Introduction; 2. Index-Based Insurance in Low-income Contexts: Potential and Limitations; List of Boxes; 3. Recent Global Innovations; 4. Forays into Insurance in Africa; List of Table; List of Figure; 5. Future Directions and Conclusions; Appendix; Bibliography

Sommario/riassunto

Uninsured risk had far-reaching consequences for rural growth as well as poverty reduction. A range of informal mechanisms to insure rural households against the impact of shocks, but they are a modest component of a risk layering strategy for well-off households and even less protective for low-income households. Formal insurance mechanisms have inherent market imperfections. State interventions to address these limitations have proven costly and generally are targeted poorly. Recent developments in microfinance as well as in insurance marketing have opened new possibilities for household ris