ABSTRACT
This chapter proposes an integrated framework for market risk assessment in conjunction with the making of a global pastoral market. It seeks to develop an integrated framework for pastoral market risk assessment that is based on the concepts of social vulnerability and livelihood security. The chapter demonstrates how disciplinary approaches in vulnerability research generally focus on one or two of these components only. It presents new frameworks for vulnerability assessment that seek to link all these components in an integrated manner. The chapter discusses the UK Department for International Developments (DFID) Sustainable Livelihoods Framework as an example for integrated vulnerability assessment that focuses on issues of social vulnerability. It introduces an integrated framework for market risk assessment and it provides an analytical tool for the discussion of the problems and perspectives that pastoralists face in the process of market integration, both in terms of their social vulnerability and human security.
