This paper measures the vulnerability of households in rural India, based upon the ICRISAT panel survey. We employ both ex ante and ex post measures of vulnerability. The latter are decomposed into aggregate and idiosyncratic risks and poverty components. Our decomposition shows that...

The extent and seriousness of poverty vary markedly across Asian developing countries, and so does the rate at which poverty has changed over time. In addition, there are large intercountry differences in the extent to which social services, especially health and education, reach the poor. There...