Vulnerability in Developing Countries
More than a billion people live in extreme poverty, and many face the possibility of never escaping from it. Millions more may be at risk of falling into poverty. These risks are exacerbated by natural hazards, ill-health, and macroeconomic volatility. This massive, widespread vulnerability to poverty has become one of the defining challenges of our times. To effectively combat it, we need to better understand vulnerability, particularly in developing countries where people do not have the...
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More than a billion people live in extreme poverty, and many face the possibility of never escaping from it. Millions more may be at risk of falling into poverty. These risks are exacerbated by natural hazards, ill-health, and macroeconomic volatility. This massive, widespread vulnerability to poverty has become one of the defining challenges of our times. To effectively combat it, we need to better understand vulnerability, particularly in developing countries where people do not have the same bulwarks against risks as those in more developed nations. Through essays from leading scholars, this volume focuses on critical dimensions of vulnerability in developing countries, such as its relationship with poverty, and vulnerability arising from poor health and external shocks. Reflecting the multidimensionality of vulnerability, it showcases a variety of methodologies that offer new perspectives on the notion of vulnerability in economic development. Case studies range from some of the largest countries in the world, such as China and India, to countries in transition, small island states, and failing states. This book is a timely reminder of what remains to be done to reduce the risk of poverty.
Figures viiTables xBoxes xiiiContributors xivForeword Anthony Shorrocks xviiiAcknowledgements xxAbbreviations xxii1 Vulnerability in developing countries: An introduction Wim Naudé Amelia U. Santos-Paulino Mark McGillivray 1Part I Income and health 112 Measuring vulnerability and poverty: Estimates for rural India Raghav Gaiha Katsushi Imai 133 Vulnerability, trust and micro-credit: The case of China's rural poor Calum G. Turvey Rong Kong 554 Assets, poverty dynamics and vulnerability: Evidence from rural Tajikistan Oleksiy Ivaschenko Cem Mete 815 Vulnerability, poverty and coping in Zimbabwe Kate Bird Martin Prowse 1186 Vulnerability dynamics and HIV risk in the semi-arid tropics of rural Andhra Pradesh B. Valentine Joseph Gandhi Ma. Cynthia Serquiña Bantilan Devanathan Parthasarathy 1567 Vulnerability to hunger: Responding to food crises in fragile states Colin Andrews Margarita Flores 190Part II Natural hazards and macroeconomic shocks 2138 Vulnerability of small-island economies: The impact of "natural" disasters in the Caribbean Martin Philipp Heger Alex Julca Oliver Paddison 2159 Natural disasters and remittances: Poverty, gender and disaster vulnerability in Caribbean SIDS Marlene Attzs 24910 Growth-oriented macroeconomic policies for small-island economies: Lessons from Singapore Anis Chowdhury 262Part III Conclusion 28911 Vulnerability in developing countries: Implications and conclusions Wim Naudé Amelia U. Santos-Paulino Mark McGillivray 291Index 304
