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    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
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/7163
    Metadata
    Show full item record
    Thumbnail
    adbi-wp738.pdf (561.6Kb)
    Author
    Murakami, Enerelt
    Theme
    Poverty
    Evaluation
    Labor Migration

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise