The Role of Existing Social Protection Programs in Alleviating Poverty Caused by Large-Scale Negative Shocks
The deep global recession induced by Covid-19 (coronavirus) is putting at risk the gains in poverty reduction made over the past three decades. The ability of existing social protection programs to prevent a permanent increase in poverty is thus of...
| Main Author: | |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Malaysia
2021
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/386431630609141515/The-Role-of-Existing-Social-Protection-Programs-in-Alleviating-Poverty-Caused-by-Large-Scale-Negative-Shocks http://hdl.handle.net/10986/36240 |
| Summary: | The deep global recession induced by
Covid-19 (coronavirus) is putting at risk the gains in
poverty reduction made over the past three decades. The
ability of existing social protection programs to prevent a
permanent increase in poverty is thus of obvious importance.
Yet, research on their performance during and after large
aggregate shocks is largely missing. This Brief provides
evidence by examining the performance of cash transfer
programs in Indonesia and the Philippines following two
recent natural disasters. One of them, Typhoon Yolanda, is
an extreme weather event of the kind expected to become more
common as global climate change intensifies. The results
presented also contribute to the broader discussion on
adaption to climate change and the need to provide adequate
protection mechanisms to affected populations. |
|---|