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What do Household Surveys Really Tell Us about Risk, Shocks, and Risk Management in the Developing World?

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  • Rasmus Heltberg
  • Ana Mar�a Oviedo
  • Faiyaz Talukdar

Abstract

We report on a project to explore empirical patterns in risk, shocks and risk management using recent household surveys with risk modules from 16 different developing countries. Natural disasters, health shocks, economic shocks, and asset loss are the most commonly reported types of shocks and, especially for the poor, often result in 'bad' coping responses that may perpetuate vulnerability. The information culled from these survey modules falls short of expectations in several ways.

Suggested Citation

  • Rasmus Heltberg & Ana Mar�a Oviedo & Faiyaz Talukdar, 2015. "What do Household Surveys Really Tell Us about Risk, Shocks, and Risk Management in the Developing World?," Journal of Development Studies, Taylor & Francis Journals, vol. 51(3), pages 209-225, March.
    • Handle: RePEc:taf:jdevst:v:51:y:2015:i:3:p:209-225
    DOI: 10.1080/00220388.2014.959934
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    References listed on IDEAS

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    5. Sawada, Yasuyuki & Takasaki, Yoshito, 2017. "Natural Disaster, Poverty, and Development: An Introduction," World Development, Elsevier, vol. 94(C), pages 2-15.
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    7. Yasuyuki Sawada, 2017. "Disasters, Household Decisions, and Insurance Mechanisms: A Review of Evidence and a Case Study from a Developing Country in Asia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 12(1), pages 18-40, January.
    8. MAMOUDOU Ba & Mazhar Mughal, 2022. "Weather Shocks, Coping Strategies and Household Well-being: Evidence from Rural Mauritania," Journal of Development Studies, Taylor & Francis Journals, vol. 58(3), pages 482-502, March.
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    10. Wan Nurulasiah binti Wan Mustapa & Abdullah Al Mamun & Mohamed Dahlan Ibrahim, 2018. "The Effect of Economic Vulnerability on the Participation in Development Programs and the Socio-Economic Well-Being of Low-Income Households," Societies, MDPI, vol. 8(3), pages 1-16, July.
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    13. Elizabeth Opiyo Onyango & Jonathan Crush & Samuel Owuor, 2021. "Preparing for COVID-19: Household food insecurity and vulnerability to shocks in Nairobi, Kenya," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-15, November.
    14. Mulungu, Kelvin & Kilimani, Nicholas, 2023. "Does forest access reduce reliance on costly shock-coping strategies? Evidence from Malawi," Ecological Economics, Elsevier, vol. 209(C).
    15. Carolina Laureti, 2017. "Why do Poor People Co-hold Debt and Liquid Savings?," Working Papers CEB 17-007, ULB -- Universite Libre de Bruxelles.
    16. Azeem, Muhammad Masood & Mugera, Amin W. & Schilizzi, Steven, 2016. "Poverty and vulnerability in the Punjab, Pakistan: A multilevel analysis," Journal of Asian Economics, Elsevier, vol. 44(C), pages 57-72.
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