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Author : Saing Chan Hang
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (871 download)
Download or read book Household Vulnerability to Global Financial Crisis and Their Risk Coping Strategies written by Saing Chan Hang and published by . This book was released on 2013 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Erwin R. Tiongson
Publisher : World Bank Publications
ISBN 13 : 9780821382233
Total Pages : 104 pages
Book Rating : 4.3/5 (822 download)
Download or read book The Crisis Hits Home written by Erwin R. Tiongson and published by World Bank Publications. This book was released on 2009-12-02 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households transmitted via credit market shocks, price shocks, and income shocks this report finds that adverse effects are widespread and that poor and non-poor households alike are vulnerable. By 2010, for the region as a whole, some 11 million more people will likely be in poverty and over 23 million more people will find themselves just above the poverty line because of the crisis. The aggregate results mask the heterogeneity of impact within countries, including the concentration of the poverty impact in selected economic sectors. Meanwhile, stress tests on household indebtedness in selected countries suggest that ongoing macroeconomic shocks will expand the pool of households unable to service their debt, many of them from among the ranks of relatively richer households. In fact, already there are rising household loan delinquency rates. Finally, there is evidence that the food and fuel crisis is not over and a new round of price increases, via currency adjustments, will have substantial effects on net consumers. Lessons from last year s food crisis suggest that the poor are the worst hit, as many of the poor in Albania, Kyrgyz Republic, and Tajikistan, for example, are net food consumers, with limited access to agricultural assets and inputs. The resilience of households to macroeconomic shocks ultimately depends upon the economy's institutional readiness, the flexibility of the economic policy regime, and the ability of the population to adjust. However, compared with previous crises, the scope for households to engage in their traditional coping strategies may be more limited. Fiscal policy responses in the short-term are also constrained by rapidly falling revenues. Governments in ECA have to make difficult choices over what spending items to protect and what items to cut, social protection programs to reform and scale-up, and new interventions to mitigate the impact of the crisis.
Author : Thomas Bowen
Publisher : World Bank Publications
ISBN 13 : 1464815755
Total Pages : 155 pages
Book Rating : 4.4/5 (648 download)
Download or read book Adaptive Social Protection written by Thomas Bowen and published by World Bank Publications. This book was released on 2020-06-12 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adaptive social protection (ASP) helps to build the resilience of poor and vulnerable households to the impacts of large, covariate shocks, such as natural disasters, economic crises, pandemics, conflict, and forced displacement. Through the provision of transfers and services directly to these households, ASP supports their capacity to prepare for, cope with, and adapt to the shocks they face—before, during, and after these shocks occur. Over the long term, by supporting these three capacities, ASP can provide a pathway to a more resilient state for households that may otherwise lack the resources to move out of chronically vulnerable situations. Adaptive Social Protection: Building Resilience to Shocks outlines an organizing framework for the design and implementation of ASP, providing insights into the ways in which social protection systems can be made more capable of building household resilience. By way of its four building blocks—programs, information, finance, and institutional arrangements and partnerships—the framework highlights both the elements of existing social protection systems that are the cornerstones for building household resilience, as well as the additional investments that are central to enhancing their ability to generate these outcomes. In this report, the ASP framework and its building blocks have been elaborated primarily in relation to natural disasters and associated climate change. Nevertheless, many of the priorities identified within each building block are also pertinent to the design and implementation of ASP across other types of shocks, providing a foundation for a structured approach to the advancement of this rapidly evolving and complex agenda.
Author : Rasmus Heltberg
Publisher : World Bank Publications
ISBN 13 : 0821394606
Total Pages : 307 pages
Book Rating : 4.8/5 (213 download)
Download or read book Living through Crises written by Rasmus Heltberg and published by World Bank Publications. This book was released on 2012-04-01 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together qualitative studies conducted during 2008-11 in communities in sixteen countries, with eight case studies that illustrate how people in specific localities were impacted by global shocks and what coping mechanisms they used.
Author : Michael Lokshin
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4./5 ( download)
Download or read book Household Strategies for Coping with Poverty and Social Exclusion in Post-crisis Russia written by Michael Lokshin and published by World Bank Publications. This book was released on 2001 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: For Russian households coping with economic hardship in the wake of the recent financial crisis, the choice of survival strategy has strongly depended on their human capital. The higher a household's level of human capital, the more likely it is to choose an active strategy.
Author : Michael Lokshin
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (129 download)
Download or read book Household Strategies for Coping with Poverty and Social Exclusion in Post-Crisis Russia written by Michael Lokshin and published by . This book was released on 2016 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: For Russian households coping with economic hardship in the wake of the recent financial crisis, the choice of survival strategy has strongly depended on their human capital. The higher a household's level of human capital, the more likely it is to choose an active strategy. What strategies have Russian households used to cope with economic hardship in the wake of the recent financial crisis? Which coping strategies have been most effective in reducing poverty for different groups of households? And how have people been able to adapt to the dramatic drop in formal cash incomes?Lokshin and Yemtsov look at these questions using subjective evaluations of coping strategies used by household survey respondents to mitigate the effects of the Russian financial crisis on their welfare. The data come from two rounds (1996 and 1998) of the Russian Longitudinal Monitoring Survey. The results of their analysis show that a household's choice of survival strategy strongly depends on its human capital: The higher its level of human capital, the more likely it is to choose an active strategy (such as finding a supplementary job or increasing home production).Households with low levels of human capital, those headed by pensioners, and those whose members have low levels of education are more likely to suffer social exclusion. To prevent poverty from becoming entrenched, the trend toward marginalization and impoverishment of these groups of households needs to be monitored and targeted policy interventions need to be undertaken to reverse the trend.This paper - a joint product of Poverty and Human Resources, Development Research Group, and Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region - is part of a larger effort in the Bank to understand household-level vulnerability to shocks and the ability of households to cope with crisis.
Author : Wim A. Naudé
Publisher :
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.3/5 (91 download)
Download or read book Vulnerability in Developing Countries written by Wim A. Naudé and published by . This book was released on 2009 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vulnerability has become the defining challenge of our times. More than one billion people worldwide live in extreme poverty. Facing risks exacerbated by natural hazards, ill-health and macroeconomic volatility, many are mired in inescapable poverty while millions others are on the brink of poverty. The need to better understand vulnerability is pressing, particularly in the case of developing countries where bulwarks against risks can be in short supply. This volume brings together essays from leading scholars to study the critical dimensions of vulnerability in developing countries, including ...
Author : Nawar Al-Saadi
Publisher : Nawar Al-Saadi
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4./5 ( download)
Download or read book To Understand The World Understand Economics written by Nawar Al-Saadi and published by Nawar Al-Saadi. This book was released on 2022-08-04 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is a very significant field to master if you want to succeed in life, or at the least, understand how the world around you influences your conditions and decisions. Economics governs everything from the price you pay for your coffee to the Politics governing you and the rest of the country. Think about all the things that is happening now wars, political conflicts between countries and companies compete, if you don't care about these things think about your consume: food, shelter, clothing, transportation, healthcare, and entertainment. How do you acquire those items? You do not produce them yourself. You buy them. How do you afford the things you buy? You work for pay. Or if you do not, someone else does on your behalf. Yet most of us never have enough to buy all the things we want. If you still do not believe that economy is not important, consider the following: Does everyone need food to eat? Does everyone need a decent place to live? Does everyone have access to healthcare? In every country in the world, there are people who are hungry, homeless (for example, those who call park benches their beds), and in need of healthcare, just to focus on a few critical goods and services. Why is this the case? All of these problems will be understood if we understand the economy and its impact on our lives.
Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292548883
Total Pages : 177 pages
Book Rating : 4.2/5 (925 download)
Download or read book Promoting Women's Economic Empowerment in Cambodia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-03-01 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women's economic empowerment is essential for more inclusive growth in Cambodia. This study takes stock of major gender issues in the Cambodian economy seen through the lens of women's participation, benefit, and agency---the three prerequisites for a fairer distribution of growth benefits. It examines labor market trends and obstacles to women's economic empowerment---particularly in agriculture, business development, and wage employment. Labor migration and vulnerability to shocks are highlighted as special themes. The study makes a series of policy recommendations, identifies areas for further research, and highlights how Asian Development Bank investments can promote women's economic empowerment.
Author : Ruth Pearson
Publisher : Practical Action Pub
ISBN 13 : 9781853397134
Total Pages : 167 pages
Book Rating : 4.3/5 (971 download)
Download or read book Gender and the Economic Crisis written by Ruth Pearson and published by Practical Action Pub. This book was released on 2011 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book maps the emerging impact of the economic crisis on people in different contexts, and suggest policy and practice changes. Authors include researchers as well as policymakers and development practitioners, who analyse the initial impacts of the economic crisis in South and East Asia, Africa, Latin America, and the Middle East.
Author : Mr.Stijn Claessens
Publisher : International Monetary Fund
ISBN 13 : 1475561008
Total Pages : 66 pages
Book Rating : 4.4/5 (755 download)
Download or read book Financial Crises Explanations, Types, and Implications written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2013-01-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.
Author : Leonardo Martinez-Diaz
Publisher : U.S. Commodity Futures Trading Commission
ISBN 13 : 057874841X
Total Pages : 196 pages
Book Rating : 4.5/5 (787 download)
Download or read book Managing Climate Risk in the U.S. Financial System written by Leonardo Martinez-Diaz and published by U.S. Commodity Futures Trading Commission . This book was released on 2020-09-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Author : Sven Fuchs
Publisher : Cambridge University Press
ISBN 13 : 1107154898
Total Pages : 369 pages
Book Rating : 4.1/5 (71 download)
Download or read book Vulnerability and Resilience to Natural Hazards written by Sven Fuchs and published by Cambridge University Press. This book was released on 2018-03-22 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of the concepts of vulnerability and resilience for natural hazards research for both physical and social scientists.
Author : Reuven Glick
Publisher : Cambridge University Press
ISBN 13 : 9780521800204
Total Pages : 494 pages
Book Rating : 4.8/5 (2 download)
Download or read book Financial Crises in Emerging Markets written by Reuven Glick and published by Cambridge University Press. This book was released on 2001-04-23 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume analyze causes of financial crises in emerging markets and different policy responses.
Author : Mr.Michael Kumhof
Publisher : International Monetary Fund
ISBN 13 : 1455210757
Total Pages : 39 pages
Book Rating : 4.4/5 (552 download)
Download or read book Inequality, Leverage and Crises written by Mr.Michael Kumhof and published by International Monetary Fund. This book was released on 2010-11-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial and real crisis. The paper presents a theoretical model where these features arise endogenously as a result of a shift in bargaining powers over incomes. A financial crisis can reduce leverage if it is very large and not accompanied by a real contraction. But restoration of the lower income group's bargaining power is more effective.
Author : Financial Crisis Inquiry Commission
Publisher : Public Affairs
ISBN 13 : 1610390415
Total Pages : 578 pages
Book Rating : 4.6/5 (13 download)
Download or read book The Financial Crisis Inquiry Report, Authorized Edition written by Financial Crisis Inquiry Commission and published by Public Affairs. This book was released on 2011-01-27 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.
Author : Stephane Hallegatte
Publisher : World Bank Publications
ISBN 13 : 1464810044
Total Pages : 198 pages
Book Rating : 4.4/5 (648 download)
Download or read book Unbreakable written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2016-11-24 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.
