Risk, crop choice, and savings: evidence from Tanzania
Article Abstract:
Uninsured households without access to credit markets usually cultivate low-risk crops to minimize income risk. However, low-risk crops imply lower returns. A study in Tanzania, Africa reveals that households with huge cash balances to answer for possible consumption shortages tend to engage more in high-risk activities than those without liquid assets. The poverty cycle runs as poor households engage in low-risk and low-income activities.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 1996
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Adult mortality and consumption growth in the age of HIV/AIDS
Article Abstract:
A 13-year panel of individuals is used to assess the effect of adult mortality shocks caused by AIDS on the short- and long-term consumption growth of surviving household members. A prime-age death brings a 7% drop in consumption in the five years following the death, but the impact of shocks is reduced after five years.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 2008
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Review article: the complementarities of poverty reduction, equity, and growth: a perspective on the World Development Report 2006
Article Abstract:
Inequality in economic development across the globe, with reference to the world development report of 2006, is discussed.
Publication Name: Economic Development & Cultural Change
Subject: Social sciences
ISSN: 0013-0079
Year: 2006
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