Financing for overcoming economic insecurity / / edited by Nazrul Islam and Rob Vos.

• Superior document: United Nations Series on Development
• Author: United Nations.
• TeilnehmendeR: Vos, Rob,; Islam, Nazrul,; United Nations.
• Place / Publishing House: London, England ;, New York : : Bloomsbury Academic,, 2015.; ©2015
• Year of Publication: 2015
• Language: English
• Series: United Nations series on development.
• Physical Description: 1 online resource (265 p.)
• Notes: "Published in association with the United Nations New York, April 2015."

Despite the rise in recent decades in the average income level, economic insecurity has also increased. Written by leading experts this state-of-the-art collection illuminates the causes of economic insecurity.

Table of Contents

Cover; HalfTitle; Title; Copyright; Contents; List of Illustrations; Preface; About the Editors; About the Contributors; 1 Introduction; Offshoring of jobs and rising economic insecurity in developed countries; Volatile capital flows as a cause of economic insecurity in developing countries; Insurance as a way to overcome economic insecurity of the poor in developing countries; Potential and limitations of microinsurance programs; Microsavings as a way of overcoming economic insecurity; Making use of complementarities among various microfinance programs

Ways to overcome economic insecurity caused by natural hazards2 Globalization, Offshoring, and Economic Insecurity in Industrialized Countries; Introduction; Economic insecurity in industrialized countries; Globalization and economic insecurity; Conclusion and prospects for the future; 3 Managing Financial Instability in Developing Countries: Why Prudence is Not Enough; Introduction; Financial instability and the real economy; Countercyclical monetary policy; Prudential regulations, capital controls, and risk management; Reserve accumulation as self-insurance: Burden or blessing?

Multilateral lending and countercyclical policyConclusions; 4 Insurance, Credit, and Safety Nets for the Poor in a World of Risk; Introduction; A simple framework; Problems with insurance; Credit, insurance, and crowding out; The links between informal insurance, formal insurance, and safety nets; Credit, safety nets, or insurance?; Conclusion; 5 Assessing the Success of Microinsurance Programs in Meeting the Insurance Needs of the Poor; Introduction; Basic principles: Organization, pricing, and incentives; What does microfinance achieve? Some preliminary findings

Conclusions for policy and institutional design6 Assessing the Insurance Role of Microsavings; Introduction; Microsavings and vulnerability-definitions and relationships; Priorities for policy and action; Conclusions; 7 Can Microfinance Reduce Economic Insecurity and Poverty? By How Much and How?; Introduction; The vicious circle of insecurity and poverty; Poverty and insecurity in development thinking and policies; Some general features of microfinance; Microcredit programs and economic insecurity; Microsavings programs and economic insecurity; Microinsurance programs and economic insecurity

Complementarities among various microfinance programsRole of microfinance as a whole; Concluding remarks; 8 Insurance against Losses from Natural Disasters in Developing Countries; Introduction; Disaster risk management; Insurance for households and businesses; Insurance for farmers and herders; Insurance for governments; Concluding remarks; Index