Financing for overcoming economic insecurity / / edited by Nazrul Islam and Rob Vos

• Record Nr.: UNINA9910597893903321
• Pubbl/distr/stampa: London, England ; ; New York : , : Bloomsbury Academic, , 2015; ©2015
• ISBN: 1-84966-534-6; 1-4725-4442-0; 1-84966-578-8
• Descrizione fisica: 1 online resource (265 p.)
• Collana: United Nations Series on Development
• Disciplina: 330
• Soggetti: Economic development; Economic security; Financial crises
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: "Published in association with the United Nations New York, April 2015."
• Nota di bibliografia: Includes bibliographical references at the end of each chapters and index.
• Nota di contenuto: Cover; HalfTitle; Title; Copyright; Contents; List of Illustrations; Preface; About the Editors; About the Contributors; 1 Introduction; Offshoring of jobs and rising economic insecurity in developed countries; Volatile capital flows as a cause of economic insecurity in developing countries; Insurance as a way to overcome economic insecurity of the poor in developing countries; Potential and limitations of microinsurance programs; Microsavings as a way of overcoming economic insecurity; Making use of complementarities among various microfinance programs; Ways to overcome economic insecurity caused by natural hazards2 Globalization, Offshoring, and Economic Insecurity in Industrialized Countries; Introduction; Economic insecurity in industrialized countries; Globalization and economic insecurity; Conclusion and prospects for the future; 3 Managing Financial Instability in Developing Countries: Why Prudence is Not Enough; Introduction; Financial instability and the real economy; Countercyclical monetary policy; Prudential regulations, capital controls, and risk management; Reserve accumulation as self-; insurance: Burden or blessing?; Multilateral lending and countercyclical policyConclusions; 4 Insurance, Credit, and Safety Nets for the Poor in a World of Risk; Introduction; A simple framework; Problems with insurance; Credit, insurance, and crowding out; The links between informal insurance, formal insurance, and safety nets; Credit, safety nets, or insurance?; Conclusion; 5 Assessing the Success of Microinsurance Programs in Meeting the Insurance Needs of the Poor; Introduction; Basic principles: Organization, pricing, and incentives; What does microfinance achieve? Some preliminary findings; Conclusions for policy and institutional design6 Assessing the Insurance Role of Microsavings; Introduction; Microsavings and vulnerability-definitions and relationships; Priorities for policy and action; Conclusions; 7 Can Microfinance Reduce Economic Insecurity and Poverty? By How Much and How?; Introduction; The vicious circle of insecurity and poverty; Poverty and insecurity in development thinking and policies; Some general features of microfinance; Microcredit programs and economic insecurity; Microsavings programs and economic insecurity; Microinsurance programs and economic insecurity; Complementarities among various microfinance programsRole of microfinance as a whole; Concluding remarks; 8 Insurance against Losses from Natural Disasters in Developing Countries; Introduction; Disaster risk management; Insurance for households and businesses; Insurance for farmers and herders; Insurance for governments; Concluding remarks; Index
• Sommario/riassunto: Despite the rise in recent decades in the average income level, economic insecurity has also increased. Written by leading experts this state-of-the-art collection illuminates the causes of economic insecurity.