Cameroon Econoic Update, January 2013, No. 5 : Mitigating Poverty, Vulnerability, and Risk--A Special Focus on Social Safety Nets

The economic updates aim to share knowledge and stimulate debate among those interested in improving the economic management of Cameroon and unleashing its enormous potential. The notes thereby offer another voice on economic issues in Cameroon, an...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCOUNTING AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY BANK ACCOUNT BANK OF CENTRAL AFRICAN STATES BANKING SECTOR BANKS BENEFICIARIES BUDGETING CASH BASIS CASH GRANTS CASH TRANSFER CASH TRANSFER PROGRAM CASH TRANSFER PROGRAMS CASH TRANSFERS CASH-FOR-WORK CENTRAL REGIONS CHEAPER FOOD CHRONIC FOOD INSECURITY CHRONIC POVERTY CHRONICALLY POOR CLIMATE CHANGE COMMODITY PRICES COMMUNITY INFRASTRUCTURE CONFLICT CONSUMER PRICE INDEX COORDINATION FAILURES COPING STRATEGIES DEPOSITS DESTITUTE HOUSEHOLDS DEVELOPING COUNTRIES DIVERSIFICATION DONOR SUPPORT DROUGHT ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMERGENCY RESPONSE EMPLOYMENT OPPORTUNITIES EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EQUIPMENT EUROPEAN CENTRAL BANK EXPENDITURE EXPENDITURES EXPORT PERFORMANCE EXPORTERS EXTERNAL SHOCKS EXTRACTIVE INDUSTRIES FEE WAIVERS FINANCES FINANCIAL SYSTEM FISCAL DEFICIT FISCAL POLICY FOOD DISTRIBUTION FOOD INSECURITY FOOD PRICE FOOD PRICES FOOD PROGRAM FOOD SECURITY FOOD-FOR-WORK GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT BOND GROSS DOMESTIC PRODUCT HEALTH SERVICES HEALTH SPENDING HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSING INCOME INCOME GAINS INFLATION INFLATION RATE INFRASTRUCTURE PROJECTS INTERNATIONAL BANK INTERNATIONAL MARKETS INVESTMENT RATE IRRIGATION ISSUANCE LEGISLATION LIVING CONDITIONS LOCAL MARKETS MACROECONOMIC POLICIES MACROECONOMIC RISKS MIGRATION MONETARY FUND NATURAL DISASTERS NATURAL RESOURCES NUTRITION NUTRITION PROGRAMS OIL PRICES PAYMENT OBLIGATIONS PEOPLE WITH DISABILITIES POOR POOR HOUSEHOLDS POOR INFRASTRUCTURE POVERTY LEVELS POVERTY LINE POVERTY RATE POVERTY RATES PRODUCTIVE ASSETS PROTECTION SYSTEMS PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC RESOURCES PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC WORKS PUBLIC WORKS PROGRAMS REGIONAL CONVERGENCE REMITTANCES RETURN RETURNS RURAL RURAL AREAS RURAL INFRASTRUCTURE RURAL PHENOMENON SAFETY NET PROGRAMS SAFETY NET SYSTEM SANITATION SAVINGS SCHOOL FEEDING SCHOOL FEEDING PROGRAMS SHOCK SKILLS TRAINING SMALL BUSINESS SMALL BUSINESSES SMALL-SCALE IRRIGATION SOCIAL ACTION SOCIAL ACTION FUND SOCIAL INSTABILITY SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS STOCKS SUBSISTENCE TARGETING TARGETING MECHANISMS TAX TEMPORARY EMPLOYMENT TRANSFER PROGRAM TRANSIENT POOR TRANSIENT POVERTY TRANSITION COUNTRIES TRANSPARENCY VULNERABLE CHILDREN VULNERABLE GROUPS VULNERABLE HOUSEHOLDS WAGES WAIVER PROGRAM WORK PROGRAMS WORKS PROGRAM
Online Access:	http://documents.worldbank.org/curated/en/2013/01/17196116/mitigating-poverty-vulnerability-risk-special-focus-social-safety-nets http://hdl.handle.net/10986/16621

Description
Summary:	The economic updates aim to share knowledge and stimulate debate among those interested in improving the economic management of Cameroon and unleashing its enormous potential. The notes thereby offer another voice on economic issues in Cameroon, and an additional platform for engagement, learning and change. Cameroon's overall poverty rate has not declined and has even increased in the poorest regions. Food security is also problematic in those regions. Yet, Cameroon has a number of small-scale and ad hoc safety net programs which are not appropriately designed to address either chronic or transient poverty. Too few resources are put into these programs for the moment to make a real difference with most of these limited resources allocated to emergency initiatives. Social safety nets build households' productive assets and expand their income-earning opportunities by building their skills and enabling them to engage in higher risk and higher return activities. Going forward, in addition to continued efforts to foster faster economic growth, an efficient, equitable, and financially-sustainable social safety net strategy should be developed that combines different forms of interventions to deal with the specific needs of the poor and the vulnerable, and includes an effective monitoring system to improve the quality programs.

Cameroon Econoic Update, January 2013, No. 5 : Mitigating Poverty, Vulnerability, and Risk--A Special Focus on Social Safety Nets

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