Household shocks and coping mechanism: evidence from Sub-Saharan Africa (original) (raw)

AI-generated Abstract

This research examines the various shocks faced by households in Sub-Saharan Africa, highlighting the frequency of income and asset losses due to weather, health, and price risks. It reveals that coping strategies are limited, particularly for rural households, which often resort to informal transfers, savings depletion, and asset sales. The study advocates for improved agricultural risk management, financial product access, and strengthened social protection systems to better support vulnerable households in managing these shocks.