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Understanding the impact of idiosyncratic shocks on
farm productivity and household asset building and protection in
Ethiopia, Ghana and Bangladesh
| Principal Investigators: |
Christopher B. Barrett, Cornell University, USA
Ernest Aryeetey, ISSER, Ghana
Agnes Quisumbing, IFPRI, USA
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Problem & Objective
New evidence that idiosyncratic risk dominates covariate risk in
rural Africa and Asia indicates the potential contribution of improved
local risk management to household asset accumulation, productivity
growth and poverty reduction in developing countries. This research
aims to clarify what existing mechanism help households through
episodes of negative shocks, what gaps in coverage exist, and how
different interventions affect productivity in Bangladesh, Ethiopia
and Ghana.
Research Context
Risk and poverty are key, inextricable concerns in Bangladesh, Ghana
and Ethiopia. The research will focus on the impact of idiosyncratic
risk on asset poverty and the mechanism available to redress it.
Each county has an existing data set that has paid significant attention
to risk issues, social networks and gender and will allow researchers
to look at the impact of idiosyncratic risk on asset accumulation
and welfare dynamics.
Policy Relevance
Better understanding of idiosyncratic risk and how it affects the
long-term well being of households will inform policies that help
individuals, households and communities manage risk without being
overly interventionist. The research will also help inform public
health debates about helping households and small producers manage
illness and disease, a key are of interest in Africa and beyond.
Publications
Trip Reports
For more information visit the project website: http://amacrsp.aem.cornell.edu
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