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9780199276837

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"`""This is a unique collection of articles, almost all of them published for the first time, that touch on all aspects of insurance against poverty. The articles by leading authorities in the field, provide a state of the art collection of thinking on how poor people deal with the multiple risks facing them, and how public policy can help provide better safety nets for the most vulnerable. Since the strategies employed by poor people to deal with the risks they face are a major obstacle to their ability to grow out of poverty, the insights offered by the articles in this volume will contribute considerably to policies towards global poverty alleviation."" ' Alexander Sarris, Director, Commodities and Trade Division, Food and Agriculture Organization of the United Nations (FAO) `The micro-level studies that underpin this book offers new insights on how effective public action could be more effective in protecting the vulnerable against persistent poverty.' Oxfam Development Resources Review"

To conclude, this book provides a set of useful answers on crucial policy questions and deserves wide reading. It also points to the potential for a rich agenda of research questions for development economists to address Flore Gubert, IRD, DIAL, Paris, Journal of African Economies, 16 (1): 172175, September 2006 The volume begins with a very informative and well-thought-out review essay on risk and insurance by Dercon himself. This overview would be a useful addition to syllabi for advanced undergraduate or graduate development economics courses and to anyone wanting to get up to speed on the vast literature devoted to the topic. More generally, the essays in this volume will probably be most useful to scholars interested in a particular topic or in evidence and information for a particular country. Anna Paulson, Federal Reserve Bank of Chicago, Economic Development and Cultural Change, 55: 625627, April 2007 Reserve Bank of Chicago, Economic Development and Cultural Change, 55: 625627, April 2007 This is a rich and scholarly collection of papers that could help design a more effective poverty alleviation strategy - especially in a world characterized by diverse and pervasive risks against which large segments of the population are often defenceless. Gaiha, Development and Change

Author Information

Stefan Dercon is a University Lecturer at the University of Oxford, and has been Professor in Development Economics at the Katholieke Universiteit Leuven, Belgium, a Research Officer at the centre of the Study of African Economies, a Research Fellow at Nuffield College, Oxford, and a Visiting Professor at the University of Addis Ababa, Ethiopia.

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