Marie Michael Library

Title

Between the market and state: can informal insurance patch the safety net?

Author

Morduch, Jonathan

Description

This paper discusses the question of informal insurance, often a means for low-income households in developing countries to cope with adverse economic events. These informal systems, however, are often inefficient, and are not available to all households. The author proposes the promotion of market-based institutions like simple savings plans as a solution to this problem.

File No

HARVARD-DD621

Agency

Harvard Institute for International Development

Date

Jan-98

Subject(s)

Microinsurance

Pages

27

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