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PDF_logo Vulnerability to Shocks and Coping Strategies in Rural Bangladesh

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Vulnerability to Shocks and Coping Strategies in Rural Bangladesh


Paper No:21

Author:S. R. Osmani and Meherun Ahmed

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Pages:42

Fluctuation in economic well-being caused by periodic shocks is a common phenomenon everywhere, but its effects are especially pernicious in a poor rural economy. Not only do the shocks cause immediate hardship, they may also have serious long-term consequences. Both the nature of shocks and the manner in which households try to cope with them can play a decisive role in shaping the dynamics of poverty i.e., how people succeed or fail to move out of poverty over time.1 This paper looks at the evidence on the vulnerability to shocks in rural Bangladesh and the coping strategies employed by rural households based on a large-scale survey carried out in 2010, with a special focus on the implications for the dynamics of poverty.

 
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