Articles by Olivier Barrau
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Tuesday
August 27
2013The Power of Insurance: Why Haiti’s future depends on planning for the worst
People don’t think the poor need insurance, as if poverty implies they have nothing to protect. But the goal of insurance is to make sure people can survive hardships, and the poor are those who are most exposed. The challenge Haiti faces is building a safety net for rural people whose certificate of deposit is their cow, whose demand deposit is their goat, and whose cash is a chicken.
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