Diversification in the household economic portfolio

In Section Two, four possible motivations for diversification are described and the idea of diversification as an intergenerational launching strategy is introduced. The use of diversification as an intergenerational launching strategy is illustrated in Section Three, with examples based on the actual strategies reported by clients of Accion Comunitaria of Peru. Section Four advances the conceptual framework of the household economic portfolio by developing a symbolic representation of the model. Diversification is then discussed within the context of the model. The final section explores the implications of incorporating diversification into the design of a microenterprise program impact evaluation and describes possible approaches for measuring the concept of diversification. (Author abstract)