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Zimbabwe : personal and institutional safety nets - the long-term consequences of failure (英语)

The note looks at the evidence from the Zimbabwe drought in 1994-95, and points at the effects of weather-related shocks (although often other shocks as well can drastically affect incomes), of which not all households can smooth consumption as desired. Rather, many households maintain consumption only at the expense of their long-term income possibilities - e.g., by selling off productive assets, or by reducing investments in the health or education...
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