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Paper No:01 |
Author:Syed M. Ahsan |
530 Views |
Pages:27 |
The Preponderance of risk and vulnerability facing the poor is well recorded. In spite of advances in microcredit, effective coping mechanisms remain limited and costly, and consequently, poverty cycles trap many poor households indefinitely. Prevalent rural instituions are found to be typically of a self-insurance nature, and thus there is a necessity for dealing with idiosyncratic risks within a region as well as risks at the level for regions