A methodology to assess indicative costs of risk financing strategies for scaling up Ethiopia's productive safety net programme

Daniel Clarke, Sarah Coll-Black, Naomi Victoria Cooney and Anna Edwards

No 7719, Policy Research Working Paper Series from The World Bank

Abstract: This paper proposes and illustrates a methodology to assess the economic cost of the sovereign risk finance instruments available to the Government of Ethiopia and its development partners for financing the shock-responsive scalability component of the Productive Safety Net Programme. The methodology involves: (i) specifying rules for when additional expenditures would be triggered in each woreda; (ii) specifying alternative risk finance strategies; and (iii) analyzing the costs of each risk financing strategy, including sensitivity and scenario testing of the results. The methodology is applied to a hypothetical set of rules for drought-responsive scalability, and a range of potential risk finance strategies.

Keywords: Urban Communities; National Urban Development Policies&Strategies; Social Risk Management; Disaster Management; Inequality; Urban Economic Development; Hazard Risk Management; Regional Urban Development; Urban Economics; Adaptation to Climate Change; City to City Alliances (search for similar items in EconPapers)
Date: 2016-06-21
New Economics Papers: this item is included in nep-afr
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Citations: View citations in EconPapers (2)

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