IDEAS home Printed from https://ideas.repec.org/a/taf/comdev/v49y2018i2p124-144.html
   My bibliography  Save this article

Asset accumulation among low-income rural families: Assessing financial capital as a component of community capitals

Author

Listed:
  • Paulette Meikle
  • Leslie Green-Pimentel
  • Hui Liew

Abstract

Using data from a 2012–2013 empirical study, this article examines financial practices and attitudes toward accumulation of assets among low-income rural families in a county in Mississippi. It dissects “asset accumulation” as an often-ignored facet of the financial component of the Community Capitals Framework. The analysis also examines financial capital creation strategies used by local institutions. The article presents a new theoretical framework for understanding and predicting asset accumulation processes among low-income rural families and resulting community progress. Findings show asset accumulation among low-income rural women and families is hindered by a number of individual and institutional factors. However, a culture of fiscal household responsibility and asset accumulation can be created among women and low-income families. When this occurs, community financial capital as a multiplier effect can be anticipated, which will temporally increase other forms of community capital and progress community.

Suggested Citation

  • Paulette Meikle & Leslie Green-Pimentel & Hui Liew, 2018. "Asset accumulation among low-income rural families: Assessing financial capital as a component of community capitals," Community Development, Taylor & Francis Journals, vol. 49(2), pages 124-144, March.
    • Handle: RePEc:taf:comdev:v:49:y:2018:i:2:p:124-144
    DOI: 10.1080/15575330.2017.1422529
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/15575330.2017.1422529
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/15575330.2017.1422529?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bosena Yirga, 2021. "The livelihood of urban poor households: A sustainable livelihood approach in urbanizing Ethiopia. The case of Gondar City, Amhara National State," Poverty & Public Policy, John Wiley & Sons, vol. 13(2), pages 155-183, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:comdev:v:49:y:2018:i:2:p:124-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCOD20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.