Abstract This article provides the theoretical and empirical context to the papers contained in this special issue. We provide background on the recent developed country financial crisis and perspective via a review of prior shocks and crises. The paper then considers the transmission mechanisms...

Abstract This paper uses quantitative and qualitative panel household data, for the period 1992–2009, to model the coping mechanisms of households when faced with crises in Uganda. We find that socio‐economic determinants strongly influence coping mechanisms, with larger sized households...