Two steps back: how low-income Kenyans think about and experience risk in their pursuit of prosperity
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Organización Internacional del Trabajo (OIT)
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| Format: | Entrada de enciclopedia |
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International Labour Organization
2015
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| _version_ | 1874525242543570949 |
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| author | Julie Zollmann |
| author_facet | Julie Zollmann Julie Zollmann |
| contents | Two steps back: how low-income Kenyans think about and experience risk in their pursuit of prosperity Julie Zollmann Given their limited capacities to cope, low income people can experience major setbacks when hit by even seemingly small shocks and can experience serious losses of wealth and welfare when big shocks strike. And merely the spectre of shocks can lead to underinvestment that makes even a smooth climb out of poverty take much longer than it otherwise might. This paper explores how low income respondents in the Kenya Financial Diaries think about, experience, and prepare for risks in their lives. Microinsurance paper, no. 39, ILO publication.encyclopediaEntry |
| format | Entrada de enciclopedia |
| id | ilo_995219589602676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2015 |
| publisher | International Labour Organization |
| spellingShingle | Two steps back: how low-income Kenyans think about and experience risk in their pursuit of prosperity Julie Zollmann Two steps back: how low-income Kenyans think about and experience risk in their pursuit of prosperity Julie Zollmann Given their limited capacities to cope, low income people can experience major setbacks when hit by even seemingly small shocks and can experience serious losses of wealth and welfare when big shocks strike. And merely the spectre of shocks can lead to underinvestment that makes even a smooth climb out of poverty take much longer than it otherwise might. This paper explores how low income respondents in the Kenya Financial Diaries think about, experience, and prepare for risks in their lives. Microinsurance paper, no. 39, ILO publication.encyclopediaEntry |
| title | Two steps back: how low-income Kenyans think about and experience risk in their pursuit of prosperity |
| url | https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Two-steps-back-how-low-income-Kenyans/995219589602676 |