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Portfolios of Social Protection, Labour Mobility and the Rise of Life Insurance in Rural Central Vietnam

Bibliographic Data

ID3884482
AuthorsM T N Nguyen (0000-0003-3704-8369, Bielefeld University, corresponding author)
Year2021
Volume52
Issue2
Pages316-339
Publication date2021-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueDevelopment and Change (JOURNAL)
Journal identifiersISSN: 0012-155X • E-ISSN: 1467-7660
PublisherWiley (PUBLISHER • GB)
DOI10.1111/dech.12610
OpenAlexW3044502692
LanguageEN
Citations received8
References cited30

Based on ethnographic fieldwork conducted in 2018-19, this article analyses the changing composition of social protection on the ground in rural central Vietnam, including the recent spread of private life insurance among peasant families. The author uses the concept of portfolios of social protection to denote the emergence of an eclectic mix of measures to manage risks and to prepare for the future in the context of intensified perceptions of risks and the increasing privatization of care. Almost unheard of in this region just a few decades ago, private life insurance has come to be taken for granted by local people, many of whom are involved in precarious trajectories of transnational labour mobility. Underlying the rise of private life insurance in these rural communities is an uncertain process in which new prudentialist rationalities are domesticated into locally meaningful ideas of risk and care. In the context of hypermobility, such mutual entanglement makes it possible for global finance to turn the countryside into a new frontier. The article extends the Polanyian notion of double movement by showing the tendency of social protection to be reincorporated into the realm of the market

Context (archaeology) · Development economics · Economic growth · Economics · Frontier · Geography · Market economy · Peasant · Political science · Realm · Rural area · Social insurance · Social protection · Social security · Sociology · China's Socioeconomic Reforms and Governance · Law · Migration and Labor Dynamics · Vietnamese History and Culture Studies

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Unique citing works8
Citations per year2,67
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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