Differential Risk Exposure and Stochastic Poverty Traps Among East African Pastoralists

By John Mcpeak, Christopher B. Barrett. 2001

263 citations recorded by the source corpus.

Subfields: Management, Monitoring, Policy and Law, Sociology and Political Science, Soil Science

View Paper: https://www.semanticscholar.org/paper/92e8dad7b8de7c0e0470da8b4c576221ff9d2722

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Citations in the corpus

Poverty Traps and Safety Nets (2006, background): “As a consequence, the safety net fails to provide necessary insurance against downside risk and pastoralists engage in costly self-insurance through herd overstocking, restricted mobility, etc. (McPeak and Barrett 2001, Lybbert et al. forthcoming).”
Pastoral nomadism in the forest-steppe of the Mongolian Altai under a changing economy and a warming climate. (2013, background): “Strong dependence on livestock husbandry for economic security combined with limited market access drives people to increase the size of their herds, a phenomenon observed in many pastoral societies (McPeak and Barrett, 2001; Johnson et al., 2006).”
Weather Index Insurance and Climate Change: Opportunities and Challenges in Lower Income Countries (2009, background): “9 If the farmer purchases insurance, the insurance policy is simply another 8 McPeak and Barrett (2001); Dercon (1998); Besley (1995).”
How Basis Risk and Spatiotemporal Adverse Selection Influence Demand for Index Insurance: Evidence from Northern Kenya (2014, background): “…with its associated drought-related livestock mortality, has consistently emerged as the greatest risk to productive capital, income, and wealth faced by pastoralists in the arid and semi-arid lands of the Horn of Africa (Barrett & Santos 2014; McPeak & Barrett 2001; McPeak, Little & Doss 2012).”
Poverty Traps and Index Based Risk Transfer Products (2008, unknown): “Further, high rates of inflation can significantly reduce incentives for monetary savings (Besley, 1995; Dercon, 1998; McPeak & Barrett, 2001).”
Income diversification, poverty traps and policy shocks in Côte d’Ivoire and Kenya (2001, background): “Rural factor market failures indeed appear to create dynamic poverty traps (McPeak and Barrett 2001).”
Designing Index Based Livestock Insurance for Managing Asset Risk in Northern Kenya (2013, background): “The importance of livestock mortality risk management for pastoralists is amplified by the apparent presence of poverty traps in East African pastoral systems, characterized by multiple herd size equilibria such that losses that push a household below a critical threshold—typically 8–16 tropical liv”
Contrasting income shocks with asset shocks: livestock sales in northern Kenya (2004, background): “Food aid is frequently distributed to herders in the study area, and is distributed to all households equally regardless of household need (McPeak and Barrett, 2001).”
Interaction effects between economic development and forest cover determine deforestation rates (2006, background): “This is aptly illustrated by the cases of Ethiopia, Haiti and Togo (Rudel et al., 2005), where poverty-traps ensure farmers are forced to convert the last forests in a region into fields (McPeak and Barrett, 2001).”
Livelihood adaptation to risk: Constraints and opportunities for pastoral development in Ethiopia's Afar region (2007, background): “Many pastoral societies follow a diverse range of economic activities based on a range of assets (McPeak and Barrett, 2001) which often blurs the distinction between pastoral and non-pastoral populations (Hogg, 1997).”
Rural poverty dynamics: development policy implications (2003, unknown): “(1997), Morduch (1999) and DeJanvry et al.”
Climate risk management and rural poverty reduction (2018, background): “Although these coping strategies enable households to endure a crisis in the short term, they often reduce the household's capacity to build a better life in the future by eroding productive assets (Barrett and Carter, 2001; Carter and Barrett, 2006; Carter et al., 2007; Dercon, 2004; Dercon and Hod”
Stochastic Wealth Dynamics and Risk Management Among a Poor Population (2004, background): “In the face of considerable, frequent exogenous shocks due to rainfall and other causes (e.g., disease, predators), selfinsurance through herd accumulation may be costly but it is the most effective way to survive wealth shocks and to assure future consumption (McPeak and Barrett, 2001).”