Household Consumption Risk and Coping Strategies in Tajikistan: Evidence from Household Surveys
Murakami, Enerelt | May 2017
Abstract
Forward-looking poverty analyses are essential for targeting and implementing poverty prevention interventions. In the presence of uncertainty and risk, the current poverty status of households is not a good indicator of whether they will be poor in the future. This paper examines consumption risk and risk-coping strategies in the case of Tajikistan, a country where frequent negative risks and adverse shocks are faced by its people. Our approach is to directly incorporate risk into the household welfare and poverty measures based on the financial concept of risk aversion and the volatility in welfare, measured by per-capita consumption. Using the derived measure of risk, we identify determinants of consumption risk and the use of coping strategies. The results show that higher risk and risk aversion is related to lower consumption and higher poverty. Household characteristics are important determinants of the consumption risk, while availability and accessibility of coping strategies are major factors for the choice of the coping strategies.
Citation
Murakami, Enerelt. 2017. Household Consumption Risk and Coping Strategies in Tajikistan: Evidence from Household Surveys. © Asian Development Bank Institute. http://hdl.handle.net/11540/7163.Keywords
Development Indicators
Environmental Indicators
Economic Indicators
Educational Indicators
Demographic Indicators
Health Indicators
Disadvantaged Groups
Low Income Groups
Socially Disadvantaged Children
Rural Conditions
Rural Development
Social Conditions
Urban Development
Urban Sociology
Project finance
Resources evaluation
Needs assessment
Cost benefit analysis
Alleviating Poverty
Anti-Poverty
Extreme Poverty
Fight Against Poverty
Global Poverty
Health Aspects Of Poverty
Indicators Of Poverty
Participatory Poverty Assessment
Poverty Eradication
Poverty Analysis
Poverty In Developing Countries
Poverty Reduction Efforts
Urban Poverty
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Performance Evaluation
Impact Evaluation Reports
Evaluation Criteria
Poor
Economic forecasting
Health expectancy
Social groups
Political participation
Distribution of income
Inequality of income
Developing countries
Rural community development
Mass society
Social change
Social policy
Social stability
Population
Sustainable development
Peasantry
Urban policy
Urban renewal
Results mapping
Risk assessment
Participatory monitoring and evaluation
Cost effectiveness
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Citable URI
http://hdl.handle.net/11540/7163Metadata
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