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Do the Commons Help Augment Mutual Insurance Among the Poor?

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  • Takasaki, Yoshito

Abstract

Summary Poor people rely on local commons not only for self-insurance, as commonly found, but also for mutual insurance, depending on resources and shocks. This paper demonstrates that this conjecture holds among cyclone victims in the Pacific Islands. On one hand, households increase coastal fishing and handicraft selling, but not forest-product gathering, to smooth income against own crop damage. On the other hand, households with undamaged housing intensify fishing to help other kin-group members with damaged housing. These distinct patterns of using commons as insurance are explained by distinct forms of risk sharing against these two shocks.

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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 39 (2011)
Issue (Month): 3 (March)
Pages: 429-438

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Handle: RePEc:eee:wdevel:v:39:y:2011:i:3:p:429-438

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Web page: http://www.elsevier.com/locate/worlddev

Related research

Keywords: commons self-insurance mutual insurance Pacific Fiji;

References

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Cited by:
  1. Yoshito Takasaki, 2013. "Learning from disaster: Community-based marine protected areas in Fiji," Tsukuba Economics Working Papers 2013-001, Economics, Graduate School of Humanities and Social Sciences, University of Tsukuba.

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