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041 _afre
042 _adc
100 1 0 _aLe Cotty, Tristan
_eauthor
245 0 0 _aThe perception of future and social pressure, obstacles to farm insurance and rural development in Burkina Faso
260 _c2022.
500 _a83
520 _aThe way in which economic agents see their future is crucial in economic development, which relies both on their trust in their future and on their belief that their present investment will have a positive long-term impact. Formal insurance can reduce uncertainties about the future, but insurance is an underdeveloped sector in Sub-Saharan Africa. Several factors explain this, including time preferences (insurance reflects a certain preference for the future and not only a risk aversion) and social norms that can hinder individual economic success. While risk mitigation could contribute to development, the aforementioned social norms that favor or hinder the economic emancipation of individuals remain an obstacle in Burkina Faso and other countries in Africa.
786 0 _nRegards croisés sur l'économie | o 29 | 2 | 2022-05-12 | p. 172-180 | 1956-7413
856 4 1 _uhttps://shs.cairn.info/journal-regards-croises-sur-l-economie-2021-2-page-172?lang=en&redirect-ssocas=7080
999 _c541546
_d541546