First was the food and fuel price crisis which seemed to have abated in 2009, but resumed in late 2010. The global economic and financial crisis, which affected households through incomes, employment and remittances, is presumably over as indicated by positive growth rates and recovering remittances. Finally, natural disasters and internal conflicts further threaten fragile economies. The multi-dimensionality of the crises and the volatile economic environment challenge vulnerable households’ ability to cope and maintain their living standards.