Impacts of Financial, Food and Fuel Crisis on the Urban Poor

The urban poor are particularly vulnerable in times of crisis due to their heavy reliance on the cash economy, job losses and wage reductions in urban based industries, and no agricultural production to fall back on. Prioritizing investments in cit...

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Bibliographic Details
Main Author: Baker, Judy L.
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/01/16269200/impacts-financial-food-fuel-crisis-urban-poor
http://hdl.handle.net/10986/10067
Description
Summary:The urban poor are particularly vulnerable in times of crisis due to their heavy reliance on the cash economy, job losses and wage reductions in urban based industries, and no agricultural production to fall back on. Prioritizing investments in cities can help to mitigation impacts in the short run and reduce risks in the future. Well targeted safety nets, workfare programs, and urban agriculture can play an importance role in cushioning the impacts for the urban poor during difficult times.