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...

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Main Authors: Jorgensen, Steen Lau, Siegel, Paul B.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
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
id okr-10986-31812
recordtype oai_dc
spelling okr-10986-318122021-05-25T09:24:19Z Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0 Jorgensen, Steen Lau Siegel, Paul B. SOCIAL PROTECTION SOCIAL RISK MANAGEMENT POVERTY REDUCTION LIVELIHOODS POVERTY ALLEVIATION LABOR POLICY GENDER INCOME DISTRIBUTION VULNERABILITY SAFETY NETS SOCIAL CONTRACT 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. 2019-06-06T21:28:51Z 2019-06-06T21:28:51Z 2019-05-01 Working Paper 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 English Social Protection and Jobs Discussion Paper;No. 1930 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SOCIAL PROTECTION
SOCIAL RISK MANAGEMENT
POVERTY REDUCTION
LIVELIHOODS
POVERTY ALLEVIATION
LABOR POLICY
GENDER
INCOME DISTRIBUTION
VULNERABILITY
SAFETY NETS
SOCIAL CONTRACT
spellingShingle SOCIAL PROTECTION
SOCIAL RISK MANAGEMENT
POVERTY REDUCTION
LIVELIHOODS
POVERTY ALLEVIATION
LABOR POLICY
GENDER
INCOME DISTRIBUTION
VULNERABILITY
SAFETY NETS
SOCIAL CONTRACT
Jorgensen, Steen Lau
Siegel, Paul B.
Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
relation Social Protection and Jobs Discussion Paper;No. 1930
description 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.
format Working Paper
author Jorgensen, Steen Lau
Siegel, Paul B.
author_facet Jorgensen, Steen Lau
Siegel, Paul B.
author_sort Jorgensen, Steen Lau
title Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
title_short Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
title_full Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
title_fullStr Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
title_full_unstemmed Social Protection in an Era of Increasing Uncertainty and Disruption : Social Risk Management 2.0
title_sort social protection in an era of increasing uncertainty and disruption : social risk management 2.0
publisher World Bank, Washington, DC
publishDate 2019
url 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
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