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Social Protection for Equity and Growth

Ferdinando Regalia, Ellen Connors, Carlos Oliva, Arianna Legovini, Suzanne Duryea, Ernesto Stein (), Carola Álvarez, Heather Mcphail, Ruthanne Deutsch, Shanka Chakraborty, Nora Lustig (), Ruben G. Echeverría, Gustavo Márquez, Cesar Patricio Bouillon (), Céline Charvériat, Andrew Morrison, Alexander Kazan and Héctor Salazar

No 454 in IDB Publications (Books) from Inter-American Development Bank

Abstract: The objective of this book is to provide policy recommendations to reduce the economic vulnerability of the poor to adverse shocks and help them cope with income downturns. The authors suggest that, social equity arguments aside, insuring the poor is desirable in terms of economic efficiency. Both theory and evidence suggests that risk-averse individuals who are unable to insure will select low-risk and low-return survival strategies. In terms of human capital and employment decisions, these strategies may provide them with minimum levels of income. This book is the result of a series of initiatives in 1998 and 1999 by the Poverty and Inequality Advisory Unit of the Inter-American Development Bank.

Keywords: Economic crises, social safety nets, social protection, natural disasters, shocks, economic transition, risk coping strategies, labor market measures, calamity funds, pensions systems, economic vulnerability; Vulnerabilidad económica, equidad social, eficiencia económica, crisis económicas, shocks, ancianos pobres, desastres naturales, medición de riesgos (search for similar items in EconPapers)
Date: 2011
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