BENDIG, MIRKO; ARUN, THANKOM - In: Journal of Economic Development 36 (2011) 4, pp. 97-126
This paper examines the importance of financial services as risk coping mechanisms in Sri Lanka, while insurance and savings products function as ex-ante, i.e., preventive, strategies for consumption smoothing, credit is typically used as an ex-post risk coping strategy. Based on household...