September 1998 Does risk perpetuate poverty in a credit-constrained economy? Income risk appears not to discourage schooling but does inhibit the out-migration

Sudden negative events are part of life, but some are more disastrous than others. This book analyzes the consequences of sudden negative shocks in the short an

Abstract: This paper is motivated by the emphasis on secure property rights as a determinant of economic development in recent literature. The authors use villa

Presents a reinvigorated agenda on agricultural and rural development in Asia both for research and policy discussions in the coming decades.