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The demand for microinsurance: A literature review

Microinsurance - or the insurance for the poor - has been considered as "the next revolution" in addressing risks and vulnerability in low-income countries. In particular, huge investments have been made in the last decade by several development agencies (among which USAID and the Gates foundation) in this revolutionary tool that promised to break the circle of poverty and offer a reliable protection to the poor. The focus of this review is on low-income countries,...

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