%0 Journal Article %1 Barnett2008 %A Barnett, Barry J. %A Barrett, Christopher B. %A Skees, Jerry R. %D 2008 %J World Development %K Insurance %N 10 %P 1766-1785 %T Poverty Traps and Index-Based Risk Transfer Products %U http://ideas.repec.org/a/eee/wdevel/v36y2008i10p1766-1785.html %V 36 %X Summary A growing literature suggests that in low-income countries, households with few assets can be trapped in chronic poverty. This article reviews relevant threads of the poverty traps literature to motivate a description of the opportunities presented by innovative index-based risk transfer products. These products can be used to address some insurance and credit market failures that contribute to the persistence of poverty among households in low-income countries. Applications are considered at the micro, meso, and macro levels.

@article{Barnett2008, abstract = {Summary A growing literature suggests that in low-income countries, households with few assets can be trapped in chronic poverty. This article reviews relevant threads of the poverty traps literature to motivate a description of the opportunities presented by innovative index-based risk transfer products. These products can be used to address some insurance and credit market failures that contribute to the persistence of poverty among households in low-income countries. Applications are considered at the micro, meso, and macro levels.}, added-at = {2011-02-23T21:09:28.000+0100}, author = {Barnett, Barry J. and Barrett, Christopher B. and Skees, Jerry R.}, biburl = {https://www.bibsonomy.org/bibtex/2102f989f602ac5773a0592602509dc75/wouter.gelade}, file = {Barnett2008.pdf:Barnett2008.pdf:PDF}, interhash = {5b0fc657090d99abd9f576c923a44715}, intrahash = {102f989f602ac5773a0592602509dc75}, journal = {World Development}, keywords = {Insurance}, month = {October}, number = 10, pages = {1766-1785}, timestamp = {2011-02-23T21:09:28.000+0100}, title = {Poverty Traps and Index-Based Risk Transfer Products}, url = {http://ideas.repec.org/a/eee/wdevel/v36y2008i10p1766-1785.html}, volume = 36, year = 2008 }