@misc{34492,
title = {Research Insights: Can Financial Inclusion Reduce Extreme Weather Impacts on Rural Children?},
author = {Bernal, Carolina and Vlaicu, Razvan},
year = {2023},
doi = {10.18235/0005297},
abstract = {Extreme rainfall induces rural households to choose immediate benefits over long-run investments in education by increasing the incidence of child labor and household chores at the expense of school attendance. Over-indebtedness through pre-existing formal loans reinforces the likelihood that a child works due to rainfall shocks. Asset insurance, foreign remittances, and natural disaster aid reduce or eliminate the shock-induced shift toward domestic activities and away from schooling.},
url = {https://doi.org/10.18235/0005297}
}