Risk, Shocks, and Human Development On the Brink

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 and long term well being of people and how the policies implemented before, during and in the imm

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The views expressed in this work do not necessarily reflect the views of the United Nations Development Programme, its Executive Board, or its Member States. The work is an independent publication commissioned by UNDP.

Risk, Shocks, and Human Development On the Brink Edited by

Ricardo Fuentes-Nieva and

Papa A. Seck

© United Nations Development Programme 2010 Softcover reprint of the hardcover 1st edition 2010 978-0-230-22390-5 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2010 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries ISBN 978-1-349-58785-8 ISBN 978-0-230-27412-9 (eBook) DOI 10.1057/9780230274129 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. A catalog record for this book is available from the Library of Congress. 10 9 8 7 6 5 4 3 2 19 18 17 16 15 14 13 12 11 10

Contents List of Figures and Maps List of Tables Notes on Contributors Acknowledgments

ix x xii xv

Introduction Ricardo Fuentes-Nieva and Papa A. Seck

Part I 1.

13 15

Introduction Risk, poverty, and human development Risk and the Millennium Development Goals Some outstanding issues in the analysis of risk and its consequences Conclusions

15 16 26

Shocks that Cheat its Survivors: Disasters and Long-term Development Ricardo Fuentes-Nieva

40

2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8

40 41 42 44 46 48 56

1.5

3.

Conceptual Framework

Risk, Poverty, and Human Development: What Do We Know, What Do We Need to Know? Stefan Dercon 1.1 1.2 1.3 1.4

2.

1

Introduction The entitlement approach Entitlement approach in policy Criticisms of the entitlement approach Entitlements, capabilities, and