Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022
A growing body of evidence demonstrates that individuals and households experience a range of positive outcomes from social protection. Social protection increases productivity and growth. Countries can realize significant benefits by creating a...
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| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/17086761/managing-risk-promoting-growth-developing-systems-social-protection-africa-vol-2-2-executive-summary http://hdl.handle.net/10986/23744 |
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okr-10986-237442022-03-14T15:43:21Z Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 World Bank CAPACITY BUILDING FISCAL SUSTAINABILITY FRAGMENTATION REDUCTION INSTITUTIONAL DEVELOPMENT PRODUCTIVITY SAFETY NETS SOCIAL PROTECTION A growing body of evidence demonstrates that individuals and households experience a range of positive outcomes from social protection. Social protection increases productivity and growth. Countries can realize significant benefits by creating an integrated social protection system. Social protection is affordable in low-income countries despite tight budgets. While overall spending on social protection in Africa remains low by international standards, experience suggests that social protection programs can achieve national coverage at the cost of only 1 to 2 percent of gross domestic product (GDP). While this is only a portion of the financing required to operate a social protection system, it draws attention to what countries can achieve in the short-term. Indeed, one way in which existing social protection spending can be made significantly more efficient would be by reallocating existing financing for inefficient subsidies and ad hoc emergency food aid to predictable safety nets. At the same time, pursuing reforms to social security systems will ensure their fiscal sustainability, while expanding coverage. Notably, the costs of not protecting poor families are very high, are borne disproportionately by women and children, and undermine the productivity of future generations. The Strategy will be implemented by leveraging partnerships, knowledge, and the World Bank's financing instruments. The World Bank will continue to invest in analytical work to fill knowledge gaps and promote an evidence-based dialogue for social protection systems in Africa and further innovation. It will work with governments to build country-owned national social protection systems with the aim of reducing fragmentation in the sector. The Bank also will pay particular attention to institutional development and capacity building by using its lending to increase the coverage of successful social protection interventions. Throughout this work, the Bank will work in coordination with governments, development partners, the private sector, academics, civil society, and beneficiaries. 2016-02-08T21:45:11Z 2016-02-08T21:45:11Z 2012-06 Report http://documents.worldbank.org/curated/en/2012/06/17086761/managing-risk-promoting-growth-developing-systems-social-protection-africa-vol-2-2-executive-summary http://hdl.handle.net/10986/23744 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Africa Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
CAPACITY BUILDING FISCAL SUSTAINABILITY FRAGMENTATION REDUCTION INSTITUTIONAL DEVELOPMENT PRODUCTIVITY SAFETY NETS SOCIAL PROTECTION |
| spellingShingle |
CAPACITY BUILDING FISCAL SUSTAINABILITY FRAGMENTATION REDUCTION INSTITUTIONAL DEVELOPMENT PRODUCTIVITY SAFETY NETS SOCIAL PROTECTION World Bank Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| geographic_facet |
Africa Africa |
| description |
A growing body of evidence demonstrates
that individuals and households experience a range of
positive outcomes from social protection. Social protection
increases productivity and growth. Countries can realize
significant benefits by creating an integrated social
protection system. Social protection is affordable in
low-income countries despite tight budgets. While overall
spending on social protection in Africa remains low by
international standards, experience suggests that social
protection programs can achieve national coverage at the
cost of only 1 to 2 percent of gross domestic product (GDP).
While this is only a portion of the financing required to
operate a social protection system, it draws attention to
what countries can achieve in the short-term. Indeed, one
way in which existing social protection spending can be made
significantly more efficient would be by reallocating
existing financing for inefficient subsidies and ad hoc
emergency food aid to predictable safety nets. At the same
time, pursuing reforms to social security systems will
ensure their fiscal sustainability, while expanding
coverage. Notably, the costs of not protecting poor families
are very high, are borne disproportionately by women and
children, and undermine the productivity of future
generations. The Strategy will be implemented by leveraging
partnerships, knowledge, and the World Bank's financing
instruments. The World Bank will continue to invest in
analytical work to fill knowledge gaps and promote an
evidence-based dialogue for social protection systems in
Africa and further innovation. It will work with governments
to build country-owned national social protection systems
with the aim of reducing fragmentation in the sector. The
Bank also will pay particular attention to institutional
development and capacity building by using its lending to
increase the coverage of successful social protection
interventions. Throughout this work, the Bank will work in
coordination with governments, development partners, the
private sector, academics, civil society, and beneficiaries. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| title_short |
Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| title_full |
Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| title_fullStr |
Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| title_full_unstemmed |
Managing Risk, Promoting Growth : Developing Systems for Social Protection in Africa--The World Bank's Africa Social Protection Strategy 2012-2022 |
| title_sort |
managing risk, promoting growth : developing systems for social protection in africa--the world bank's africa social protection strategy 2012-2022 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2012/06/17086761/managing-risk-promoting-growth-developing-systems-social-protection-africa-vol-2-2-executive-summary http://hdl.handle.net/10986/23744 |
| _version_ |
1764454692765564928 |