Report looking at how people in developing countries manage risk and reduce the impact of natural disasters.
People in developing countries live in a very risky environment: they often experience droughts, floods and devastating infectious diseases.
This report examines traditional risk management and coping mechanisms used in developing countries. It assesses the effectiveness of these existing mechanisms and looks at the scope for introducing new financial instruments such as credit and insurance.
This review was commissioned as part of the Foresight project on reducing the risk of future disasters.