//Stefan Dercon (Oxford) on Risks, Farming & Poverty Traps in Ethiopia

Stefan Dercon (Oxford) on Risks, Farming & Poverty Traps in Ethiopia

Prof. Stephan Dercon
Prof. Stefan Dercon

Why do the poor in Africa suffer so terribly from drought and other natural disasters? Is this simply bad luck, or perhaps bad decision-making? .. Or does economics have something to say about the key issues at play here and moreover, can economists suggest creative solutions to these problems? Stefan Dercon, Professor of Development Economics at Oxford University, UK, is well equipped to answer these questions. His research has principally been on Ethiopia, and more specifically, credit, risk and insurance markets for farmers there. I began our interview by asking Professor Dercon what economic life looks like for a typical Ethiopian farmer.

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Dr SIMON ANGUS is a computational and complexity scientist and member of the Department of Economics, Monash University. With a background across the physical and social sciences, he has diverse interests including complex systems science, data-science, networks, systems biology, evolutionary game theory and the study of technology.