Poverty is a dynamic process with key conditions, not a permanent state. Several key asset poverty dynamics include determining who can invest and save, endure a negative shock, and generate sustainable income. However, more commonly, households and communities without assets can get stuck in poverty traps due to their lack of ability to invest or save, vulnerability to negative shocks, and absence of hope.
This presentation is based on the AMA Innovation Lab projects for the BASIS AMA CRSP/I4 Index Insurance Innovation Initiative Technical Committee Meeting. This event was a gathering of researchers and stakeholders involved with the Index Insurance Innovation Initiative (I4) at UC Davis.
This presentation took place at George Washington University, United States on November 6, 2014.