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Overcoming Household Shocks: Do Asset-Accumulation Strategies Matter?

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  • Shoba Arun
  • Samuel Kobina Annim
  • Thankom Arun

Abstract

This paper is motivated by the observation that the type and the combination of assets are associated with the likelihood of poor households' experience of shock. Focusing on the case of adivasi households in the south Indian state of Kerala, we find that the type, number and combinations of specific assets (primarily social and physical capital) yield varied magnitudes of association with households' experience of shock, which is a measure of vulnerability. Thus, going beyond mere welfare considerations, social policies that prioritise and sequence the type and combination of asset building based on contextual factors help minimise the incidence of shocks and improve livelihood choices.

Suggested Citation

  • Shoba Arun & Samuel Kobina Annim & Thankom Arun, 2013. "Overcoming Household Shocks: Do Asset-Accumulation Strategies Matter?," Review of Social Economy, Taylor & Francis Journals, vol. 71(3), pages 281-305, September.
    • Handle: RePEc:taf:rsocec:v:71:y:2013:i:3:p:281-305
    DOI: 10.1080/00346764.2012.761754
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    References listed on IDEAS

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    7. Shoba Arun, 2008. "Managing Assets and Vulnerability Contexts: Vistas of Gendered Livelihoods of Adivasi Women in South India," Global Development Institute Working Paper Series 3208, GDI, The University of Manchester.
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    Cited by:

    1. Parizeau, Kate, 2015. "When Assets are Vulnerabilities: An Assessment of Informal Recyclers’ Livelihood Strategies in Buenos Aires, Argentina," World Development, Elsevier, vol. 67(C), pages 161-173.

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