In this paper we propose an approach to vulnerability called perceived vulnerability to downside risk. We argue that … propose to use subjective risk perception as the source of information for quantifying vulnerability since it overcomes some … vulnerability to downside risk to risk perception data from Thailand and Vietnam and find that households in the latter country tend …

substantially different levels of vulnerability to poverty among population groups facing different risks. In the context of the … the changing role of the risk-mitigating social policies looking through the theoretical lenses of the risk society. The … state shifts towards promotion of individual responsibility for risk management. The welfare state policies can produce …

Flood risk is increasing in urban areas due to increased population and urban development, a changing climate, coastal …

explore this possibility, I develop a theory that unifies models of investment choice, informal risk sharing, and formal … inefficiencies. First, borrowers free-ride on their partners, making risky investments without compensating partners for this risk …. Second, the addition of peer-monitoring overcompensates, leading to sharp reductions in risk-taking and profitability. Equity …

Using a specially designed experiment, we investigate whether and how interdependence in risk exposure i.e., risk … taking by some members of a potential risk sharing group affecting not only their own but also their co-members risk exposure …, affects both risk taking and ex post sharing. The experimental subjects were Sri Lankan small-holders who face interdependent …

poverty by 2030. This paper examines the performance of the country in poverty reduction. It also examines the reasons for the … recent performance, including the pattern of economic growth, numerous shocks experienced by the country, and government … recommendations to accelerate the rate of poverty reduction. …