Social Protection and Labor at the World Bank, 2000-08
In autumn 2000, the World Bank's board approved the first ever strategy for the new social protection and labor sector, and in January 2001, the sector published the strategy. The subtitle, from safety net to springboard, indicated the World B...
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC : World Bank
2012
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Online Access: | http://documents.worldbank.org/curated/en/2008/10/9953807/social-protection-labor-world-bank-2000-2008 http://hdl.handle.net/10986/6602 |
Summary: | In autumn 2000, the World Bank's
board approved the first ever strategy for the new social
protection and labor sector, and in January 2001, the sector
published the strategy. The subtitle, from safety net to
springboard, indicated the World Bank's move toward a
broader understanding of poverty reduction and the
relationship of risk to poverty. Because risks and access to
appropriate risk management instruments matter for poverty
reduction and development, the strategy proposed a new
conceptual framework - social risk management that will
review and reform existing interventions and propose new
ones to better assist the vulnerable in addressing the many
risks to which they are exposed. After seven years of
implementation, it was time to review the strategy and work
of the areas of selected core competence: labor market,
social insurance (in particular pensions), social safety
nets, social funds, disability and development, and risk and
vulnerability analysis. The strategic position, its
development, and the results by the sector since the launch
of its strategy were reviewed and presented to the World
Bank's committee on development effectiveness at the
end of 2007. The review included a stocktaking of the
analytical work and lending operations in each of the six
core competence areas. The result of this review and the six
stocktaking papers are presented in this publication. They
reveal the progress that the World Bank has made in
understanding the importance of social risk management for
poverty reduction and the critical contribution it makes to
equitable and sustainable growth. |
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