We use cookies on our website. Some are necessary for the operation of the website. You can also allow cookies for statistical purposes. You can adjust the data protection settings or agree to all cookies directly.
Data Protection Declaration
Imprint
FOR 756 Special project (Financial institutions): The role of financial institutions in absorbing shocks and reducing vulnerability: Evidence for households and small enterprises in rural Thailand and Vietnam
Project
Project code: DFG FOR 756
Contract period: 01.01.2006
- 31.12.2012
Purpose of research: Basic research
Financial institutions can play a very useful role in dealing with risks that lead to poverty. To investigate the role of financial institutions as a component of market-based social risk management in emerging economies, there is a need to conduct a broad survey-based study that addresses three issues: households financial decision making, risk factors of households and finally - based on these two modules - financial strategies to deal with vulnerability to poverty. The contribution of this project is fourfold: (1) go beyond most impact analyses of financial deepening by focusing on the most elementary problem of rural people, i.e. vulnerability to poverty; (2) aim for a complete picture of financial relationships by explicitly including the situation of informal and formal institutions, which both play an important role (even more so in Thailand); (3) analyze the risk situation of households by allowing for a subjective risk perception as advised by recent behavioral economics and by considering complements and substitutes for financial risk diversification; and (4) extend earlier approaches to a strictly comparable two-country study) in order to better identify generally relevant and institution-specific factors. This project is a step in building up a most useful panel data set, which will help to better grasp the time and causality dimensions.
Section overview
Subjects
- Agricultural Sociology
- Agroeconomics
Collaborative Project
FOR 756: Vulnerability to poverty and dynamics of poverty in Southeast Asia
