Financing for Overcoming Economic Insecurity

Financing for Overcoming Economic Insecurity

by Rob Vos
     
 

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Despite the rise in recent decades in the average income level, economic insecurity has also increased. This paradoxical outcome is true for both developing and developed countries. Increasing economic insecurity is harmful for human welfare for several reasons. Job and income insecurity directly affect the material and psychological well-being of people. Economic

Overview

Despite the rise in recent decades in the average income level, economic insecurity has also increased. This paradoxical outcome is true for both developing and developed countries. Increasing economic insecurity is harmful for human welfare for several reasons. Job and income insecurity directly affect the material and psychological well-being of people. Economic volatility and high uncertainty also tend to exert negative influence on productive investment, thereby hurting long-term development.

In view of the above, it is not surprising that there is a growing need among both scholars and policy makers to have a better understanding about the rising problem of economic insecurity and the steps that may be taken to mitigate it.
This book is an important step forward in meeting this need. Written by leading experts this book sheds light on the causes of economic insecurity and how better functioning financial systems, more effective macroeconomic policies and extended micro-financing schemes could mitigate the degree of economic insecurity in developing countries and overcome many of its negative consequences.

Product Details

ISBN-13:
9781849665346
Publisher:
Bloomsbury Academic
Publication date:
05/07/2015
Series:
The United Nations Series on Development Series
Pages:
264
Product dimensions:
1.11(w) x 1.11(h) x 1.11(d)

Meet the Author

Rob Vos is Director of the Development Policy and Analysis Division (DPAD), Department of Economic and Social Affairs of the United Nations (UN/DESA), and Affiliated Professor of Finance and Development, Erasmus University, Rotterdam.

Nazrul Islam is Senior Economic Affairs Officer at the Development Policy Analysis Division (DPAD) of the UN/DESA.

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