Between the Market and State: Can Informal Insurance Patch the Safety Net?

Morduch, J.
World Bank Research Observer, 14 (2), August 1999, 187 - 207.

Examines use of informal insurance arrangements in households of low-income countries. Relationship between household consumption and income; Ways in dealing economic hardships; Systems of reciprocal transfers; Role of public policy in reducing economic vulnerability; Overview on microcredit, insurance and employment guarantee schemes.

Wagner Faculty