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Published in:
2013 | OriginalPaper | Chapter
Ex-Post Coping Strategies of Rural Households in Thailand and Vietnam
Authors : Songporne Tongruksawattana, Vera Junge, Hermann Waibel, Javier Revilla Diez, Erich Schmidt
Published in: Vulnerability to Poverty
Publisher: Palgrave Macmillan UK
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Understanding shocks and their consequences is essential for the design of effective poverty alleviation strategies in poor countries and in emerging market economies. Information about existing coping strategies of poor households is especially needed in order to design effective public support schemes to mitigate negative shocks. Also, a better understanding of the effectiveness of self-insurance measures is important, as this may provide some hints on chances and constraints to establish private insurance markets and public risk management schemes. The literature on vulnerability to poverty suggests that shock-coping activities are not independent of shock type and household characteristics (for example Berloffa and Modena, 2009; Dercon, 2007; Hoddinott, 2006; Rashid et al., 2006). However, there is a need to further explore this interaction on strong empirical grounds, which is only possible with a comprehensive empirical dataset.