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dc.titleInsurance for the Poor?
dc.contributor.authorDercon, Stefan
dc.contributor.authorBold, Tessa
dc.contributor.authorCalvo, César
dc.contributor.orgunitSustainable Development Department
dc.coverageThe Caribbean
dc.coverageCentral America
dc.coverageSouth America
dc.date.available2011-08-15T00:00:00
dc.date.issue2006-08-01T00:00:00
dc.description.abstractThis study was prepared for the Financial Services and Poverty Reduction research project and was presented at the conference with the same name held at Bank headquarters in September of 2004. It first establishes the considerable welfare cost borne by the region's poor when facing uncovered risks (which, in principle, are insurable), and offers empirical evidence that shows the clear disadvantages of the informal risk management instruments typically used by the poor. Next, the paper proposes ways to increase access to insurance for the poor in the region. Particularly relevant, among the proposed solutions, is the implementation of the partner-agent model in which formal insurance institutions are coupled with existing microfinance institutions for the delivery of their products, making the most of the comparative advantages of each sector.
dc.format.extent38
dc.identifier.doihttp://dx.doi.org/10.18235/0008853
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Insurance-for-the-Poor.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Market
dc.subjectFinancial Risk
dc.subjectFinancial Service
dc.subjectMicrobusiness
dc.subjectPoverty
dc.subject.keywordsFinance;Labor Markets;Publications;Sustainable Development;Poverty;Microenterprise;Financial Markets
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
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