This paper focuses on multiple financial market failures – emphasising its heretofore underappreciated testable implications, including specific behaviours that are rational only in the presence of a poverty trap.
This presentation took place at Rome, Italy on June 13, 2012 analyzing some initial results from the Index Based Livestock Insurance in northern Africa
Impact evaluation based on randomized controlled trials (RCTs) has in particular fundamentally altered the discourse of development economics over the past decade. This paper illustrates why economic development and development economics will be better served if we can arrive at a balanced appreciation of the essential but limited role of RCTs and experiments.
This paper evaluates the effectiveness of a new index-based livestock insurance (IBLI) product designed to compensate for area average predicted livestock mortality loss in northern Kenya, where previous work has established the presence of poverty traps.
This presentation was presented in Washington, DC describing demand and supply side pressures allowing flexibility in addressing food insecurity programming options.
This paper demonstrates that there are potentially large returns to social protection policy that stakes out a productive safety net below the vulnerable and keeps them from slipping into a poverty trap.
This paper briefly discusses some feasible estimation strategies for empirically identifying poverty traps and long-term, persistent structural poverty, as well as relevant extensions of the popular Foster-Greer-Thorbecke class of poverty measures.
