Risk, Risk Management and Vulnerability to Poverty in Rural Malawi
Vulnerability to poverty in Malawi is highly associated with risk. Households face multiple shocks, most of which threaten their livelihoods and impact negatively on their welfare. The main objective of this investigation is to undertake an operational risk and vulnerability assessment at household level.
Specifically, the study has the following objectives:
1. To identify the determinants of household vulnerability in rural Malawi;
2. To test for the existence of household consumption smoothing as an insurance mechanism against idiosyncratic shocks;
3. To analyze households' coping mechanisms for different shocks and identify the determinants of these mechanisms.
Despite the lack of panel data in Malawi for an ideal vulnerability assessment, the methodology of Christiaensen and Subbarao (2004) will be explored using a two-period panel data coupled with data on shocks. The first set of data will be drawn from the Malawi Second Integrated Household Survey (IHS2) while the second set will be primary data collected through a follow-up of the same households.
This work is expected to come up with a better understanding of the role of risk in influencing vulnerability to poverty among rural households in Malawi.
||ZEF B: Department of Economic and Technological Change
||The World Bank,
Poverty Reduction and Economic Management,
1818H Street NW,
Washington, DC 20433,
- Growth, inequality and poverty
||Risk, Risk Management and Vulnerability to Poverty at Household Level in Malawi
||PhD (Economics), 2008, University of Hannover, GERMANY
Master of Arts (Economics), 2003, University of Malawi, MALAWI
Bachelor of Social Science (Economics), 2000, University of Malawi, MALAWI
||1. Consultant (Economist), World Bank, Poverty Reduction and Economic Management AFTP1, Washington, DC. USA (current)
2. Research Fellow, Centre for Agricultural Research and Development, University of Malawi; (2004-present)
3. Lecturer in Economics, Bunda College of Agriculture, University of Malawi; (2004-present)
4. Research Economist, International Crops Research Institute for the Semi-Arid Tropics (ICRISAT-Malawi) (2003-2004)
|Financially supported by
||BMZ via DAAD & GTZ
Risk, Risk Management and Vulnerbility to Poverty in Rural Malawi.
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