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Public Responses to Natural Disasters: What Has Been Done and What Else Could Be Done

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Abstract

One of the most pervasive features of poverty across households in developing countries is exposure to natural disasters.* In contexts characterized by precarious access to credit and insurance markets, most responses to disasters are based on self-insurance and informal risk-sharing mechanisms. Self-insurance includes savings in the form of stored grains or small and large livestock in rural areas, or jewelry and durables in urban areas. Informal risk-sharing arrangements comprise local borrowing schemes with friends and neighbors as well as private transfers from relatives.

Keywords

Natural Disaster Cash Transfer Disaster Preparedness Public Response Conditional Cash Transfer 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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