Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia

Household debt in Malaysia has been on an upward trend and increasing at a relatively fast pace. This study provides an in-depth analysis of the current Malaysian urban households’ vulnerabilities and risks and determines differences across the three major ethnic groups of Malay, Chinese and Indian....

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Main Authors: Abdullah Yusof, Selamah, Wan Jusoh, Wan Jamaliah, Abd. Rokis, Rohaiza
Format: Conference or Workshop Item
Language:English
Published: EBES Publications 2013
Subjects:
Online Access:http://irep.iium.edu.my/36996/1/Selamah_EBES.pdf
http://irep.iium.edu.my/36996/
http://www.ebesweb.org/pdf/10th%20EBES%20Conference%20Proceedings.pdf
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spelling my.iium.irep.369962014-06-24T07:47:13Z http://irep.iium.edu.my/36996/ Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia Abdullah Yusof, Selamah Wan Jusoh, Wan Jamaliah Abd. Rokis, Rohaiza HB131 Methodology.Mathematical economics. Quantitative methods HG Finance HQ The family. Marriage. Woman Household debt in Malaysia has been on an upward trend and increasing at a relatively fast pace. This study provides an in-depth analysis of the current Malaysian urban households’ vulnerabilities and risks and determines differences across the three major ethnic groups of Malay, Chinese and Indian. It examines households’ perception of risk, their capacity to bear risk, and their coping strategies. The study finds that Malaysian urban households are somewhat vulnerable and more so among the Malay households. Households perceive their exposure to small shocks to be somewhat likely, with Malay households’ rating the likelihood to be higher than others. It is found that 6.2% of the households were not able to deal with a small shock, while more than 20% were unable to cope with a large shock. Households will resort to using their savings or cutting down daily expenditure, or turn to family and friends in coping with financial shocks. Malay households have less and fewer sources of funds in meeting unexpected financial needs. Asset poverty among households is high in which 22.9% can survive on basic necessities for only less than three months if their household income is cut-off, and it is more prevalent in Malay households. EBES Publications 2013 Conference or Workshop Item REM application/pdf en http://irep.iium.edu.my/36996/1/Selamah_EBES.pdf Abdullah Yusof, Selamah and Wan Jusoh, Wan Jamaliah and Abd. Rokis, Rohaiza (2013) Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia. In: 10th Eurasia Business and Economics Society Conference (EBES), 23th-25th May 2013, Taksim Nippon Hotel, Istanbul, Turkey. http://www.ebesweb.org/pdf/10th%20EBES%20Conference%20Proceedings.pdf
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HB131 Methodology.Mathematical economics. Quantitative methods
HG Finance
HQ The family. Marriage. Woman
spellingShingle HB131 Methodology.Mathematical economics. Quantitative methods
HG Finance
HQ The family. Marriage. Woman
Abdullah Yusof, Selamah
Wan Jusoh, Wan Jamaliah
Abd. Rokis, Rohaiza
Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
description Household debt in Malaysia has been on an upward trend and increasing at a relatively fast pace. This study provides an in-depth analysis of the current Malaysian urban households’ vulnerabilities and risks and determines differences across the three major ethnic groups of Malay, Chinese and Indian. It examines households’ perception of risk, their capacity to bear risk, and their coping strategies. The study finds that Malaysian urban households are somewhat vulnerable and more so among the Malay households. Households perceive their exposure to small shocks to be somewhat likely, with Malay households’ rating the likelihood to be higher than others. It is found that 6.2% of the households were not able to deal with a small shock, while more than 20% were unable to cope with a large shock. Households will resort to using their savings or cutting down daily expenditure, or turn to family and friends in coping with financial shocks. Malay households have less and fewer sources of funds in meeting unexpected financial needs. Asset poverty among households is high in which 22.9% can survive on basic necessities for only less than three months if their household income is cut-off, and it is more prevalent in Malay households.
format Conference or Workshop Item
author Abdullah Yusof, Selamah
Wan Jusoh, Wan Jamaliah
Abd. Rokis, Rohaiza
author_facet Abdullah Yusof, Selamah
Wan Jusoh, Wan Jamaliah
Abd. Rokis, Rohaiza
author_sort Abdullah Yusof, Selamah
title Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
title_short Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
title_full Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
title_fullStr Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
title_full_unstemmed Risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in Malaysia
title_sort risk exposure, risk-bearing capacity, and risk-coping strategies: a comparative study among urban households in malaysia
publisher EBES Publications
publishDate 2013
url http://irep.iium.edu.my/36996/1/Selamah_EBES.pdf
http://irep.iium.edu.my/36996/
http://www.ebesweb.org/pdf/10th%20EBES%20Conference%20Proceedings.pdf
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score 13.211869