Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
This paper updates the Social Risk Management (SRM) conceptual framework; the foundation of the World Bank's first Social Protection Sector Strategy. SRM 2.0 addresses the increasingly risky and uncertain world; with opportunities and outcomes...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/263761559643240069/Social-Protection-in-an-Era-of-Increasing-Uncertainty-and-Disruption-Social-Risk-Management-2-0 http://hdl.handle.net/10986/31812 |
| Summary: | This paper updates the Social Risk
Management (SRM) conceptual framework; the foundation of the
World Bank's first Social Protection Sector Strategy.
SRM 2.0 addresses the increasingly risky and uncertain
world; with opportunities and outcomes driven by possible
disruptions from technology, markets, climate change, etc.
SRM 2.0 is a spatial assets and livelihoods approach to
household well-being featuring a risk chain covering all
households across the lifecycle and for both positive and
negative events. Key findings: Location and context are
critical for household choices; assets are key to
sustainable resilience to poverty, new assets and
livelihoods need to be considered for the 21st century, and
resilience and vulnerability to poverty are two sides of the
same coin. Operationally, SRM 2.0 points to the need for a
greater focus on asset and livelihood building programs in
addition to traditional poverty alleviation and risk sharing
programs, better integration between rights-based and
risk-based approaches, more inclusive targeting, and
consideration of global social protection. |
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