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This study investigates the complex link between natural disasters, individual behaviour – in the form of an individual’s risk-taking propensity and level of trust – and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation. .
Natural disasters --- Microinsurance. --- Social aspects --- Natural calamities --- Insurance. --- Behavioral economics. --- Development economics. --- Environmental economics. --- Poverty. --- Economics. --- Development Economics. --- Environmental Economics. --- Behavioral/Experimental Economics. --- Poverty, Aid and Development. --- Insurance --- Disasters --- Development Aid. --- Assurance (Insurance) --- Coverage, Insurance --- Indemnity insurance --- Insurance coverage --- Insurance industry --- Insurance protection --- Mutual insurance --- Underwriting --- Finance --- Behavioral economics --- Behavioural economics --- Economics --- Environmental quality --- Economic development --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Environmental aspects --- Economic aspects
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This study investigates the complex link between natural disasters, individual behaviour – in the form of an individual’s risk-taking propensity and level of trust – and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation. .
Social problems --- Economic conditions. Economic development --- Development aid. Development cooperation --- Developing countries: economic development problems --- Economics --- Insurance --- Environmental protection. Environmental technology --- Industrial psychology --- gedrag (mensen) --- economie --- ontwikkelingssamenwerking --- armoede --- verzekeringen --- milieuzorg --- klimaatverandering --- Cambodia
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This book, translated from its original English edition, explores the complex interplay between natural disasters and individual behavior in developing countries, with a specific focus on Cambodia. The author, Oliver Fiala, investigates how climate change, risk, and trust influence economic and social dynamics in these regions. The work delves into the macroeconomic impacts of disasters and the significance of exposure and resilience. It also examines the challenges and frameworks for disaster risk reduction, highlighting the implications for policy and individual decision-making. The book is intended for academics, policymakers, and anyone interested in the socioeconomic effects of natural disasters in vulnerable areas.
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This study investigates the effects of public transfers and taxes on the wellbeing of children in Ethiopia. It applies the Commitment to Equity for Children methodology to examine the burdens of taxation and the benefits from government transfers and spending, and their differential wellbeing impacts on children. The study integrates data from the 2018/19 Ethiopia Socioeconomic Survey, which also collected data on taxes and transfers, with administrative data. Measuring its distribution by child monetary and multidimensional wellbeing, the study finds, on average, a progressive, poverty-reducing and equalizing fiscal system. However, there are important differences in the distribution of some of its elements. Indirect taxes, comprising of value-added and excise taxes, are regressive. Similarly, primary education spending, the largest of in-kind transfers, is only progressive in urban areas. On poverty and inequality, the fiscal system reduced the monetary child poverty headcount by 21 percent and the poverty gap by 33 percent. The effect is stronger for girls and children in rural areas than for boys and children in urban areas, therefore reducing inequalities in poverty rates. However, this is only the case when in-kind transfers for education and health are considered. Without the inclusion of in-kind transfers, the study finds that the fiscal system is not well calibrated to reduce poverty. This highlights the essential role of public services, not only in delivering fundamental child rights, but also in reducing poverty among children.
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