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Full Description
This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com.
The world is witnessing the paradox of simultaneous increase in income and insecurity. According to available data, global average per capita income has increased in recent decades, while at the same time actual and perceived insecurity has also increased. This paradox is true for both developed and developing countries. However, the concrete form and causes of insecurity differs across these two groups of countries. To the extent that income levels in many developing countries are very low, economic insecurity in these countries takes a starker and chronic form.
In Financing for Overcoming Economic Insecurity, leading experts examine the causes and consequences of rising economic insecurity and policy measures that can be adopted to overcome insecurity. The volume contains papers addressing issues of economic insecurity pertaining to both developed and developing countries and caused by both economic factors and natural hazards. It also discusses the issues at both macro and micro levels. The volume's focus on policy measures, such as redistribution and reinvestment of profit income in developed countries and imposition of capital control and promotion of micro insurance in developing countries, should be of much help to policymakers as well as researchers.
Contents
List of Tables and Figures
Preface
About the Editors
About the Contributors
Chapter 1 Introduction
Rob Vos and Nazrul Islam
Chapter 2 Globalization, Offshoring and Economic Insecurity
in Industrialized Countries
William Milberg and Deborah Winkler
Chapter 3 Managing Financial Instability in Developing Countries: Why Prudence is not Enough
Yilmaz Akyüz
Chapter 4 Insurance, Credit and Safety Nets for the Poor in a World of Risk
Daniel Clarke and Stefan Dercon
Chapter 5 Assessing the Success of Microinsurance Programmes in Meeting the Insurance Needs of the Poor
Paul Mosley
Chapter 6 Assessing the Insurance Role of Microsavings
David Hulme, Karen Moore and Armando Barrientos
Chapter 7 Can Microfinance Reduce Economic Insecurity and Poverty? By How Much and How?
Nazrul Islam
Chapter 8 Insurance against Losses from Natural Disasters in Developing Countries
Joanne Linnerooth-Bayer and Reinhard Mechler
Index
