Policy Brief No. 12 of 2017-2018 on Building Household Coping Mechanisms with the Effects of Droughts and Floods Using Financial Instruments
View/ Open
Publication Date
2017Author
Type
Policy Paperviews
downloads
Metadata
Show full item recordBy
Kenya Institute for Public Policy Research and Analysis (KIPPRA)
Abstract/ Overview
Effective coping mechanisms are essential to cushioning households’ livelihoods from shocks of droughts and floods. Coping mechanisms entail short term interventions used by households that form foundations for long-term adaptation mechanisms. Households coping mechanisms can be deployed before droughts or floods occur, where households for instance diversify economic activities to smoothen income. Alternatively, households smoothen consumption after droughts or floods have occurred by drawing down personal savings, borrowings, selling of assets, adjustments to labour supply, and utilization of formal and informal insurance arrangements. Use of financial instruments including savings, credit and insurance provide market-based coping mechanisms and they tend to be more effective compared to informal coping mechanisms...
Subject/ Keywords
Droughts and floods; Coping mechanisms; Financial instruments; Households; Informal coping mechanisms
Further Details
A policy brief on Building Household Coping Mechanisms with the Effects of Droughts and Floods Using Financial Instruments.
Publisher
The Kenya Institute for Public Policy Research and AnalysisSeries
Policy brief No.12 of 2017- 2018;Collections
- Policy Briefs [277]
Related items
Showing items related by title, author, creator and subject.
-
Discussion Paper No. 218 of 2020 on Households Coping Mechanisms and Resilience to the Impacts of Droughts and Floods in Kenya
Guyo, Adan (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2020)The frequency and severity of droughts and floods hazards are projected to increase with climate change. Households are affected through various mechanisms including income and asset losses that translate to other undesirable ... -
Policy Brief No. 49 of 2018-2019 on Growing Protectionism and its Implication on Kenya Foreign Trade with USA and UK
Onyango, Christopher Hugh; Kenya Institute for Public Policy Research and Analysis (KIPPRA) (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2018)Until after the global financial crisis, interdependence of world economies and increased cross-border trade in goods and services underpinned the growth of world economies. World trade grew faster than output by around ... -
Sessional Paper No. 09 of 2013 on National Cohesion and Integration
Ministry of Interior and Co-ordination of National Government (Ministry of Interior and Co-Ordination of National Government, 2013)The policy is meant to strengthen vital institution s for the promotion of cohesion and integration which will encompass the transformation of the political and governance institutions, address to socio-economic inequalities, ...