Commune Shocks, Household Assets, and Economic Well-Being in Madagascar
Rural households in developing countries are buffeted by environmental, social, health and economic shocks. This paper provides an empirical vignette of the frequency and spatial distribution of such shocks in Madagascar. The association between shocks, community and household assets, and levels of economic well-being (as measured by per-capita expenditures) is then explored, along with the implications for reducing levels of chronic poverty.
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