Productive Role of Safety Nets

Productive Role of Safety Nets

The paper contains a framework for linking social protection with growth and productivity, an updated review of the literature, new original work filling in gaps in the available evidence, and a discussion of operational implications. The paper dem...

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Main Authors: Alderman, Harold, Yemtsov, Ruslan
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
COMMUNITY ASSETS
ECONOMIC GROWTH
EMPOWERING THE POOR
HUMAN CAPITAL
INFRASTRUCTURE
KNOWLEDGE GAPS
POVERTY REDUCTION
SAFETY NETS
SOCIAL COHESION
SOCIAL PROTECTION
Online Access:http://documents.worldbank.org/curated/en/2012/03/15961860/productive-role-safety-nets-background-paper-world-bank-2012-2022-social-protection-labor-strategy
http://hdl.handle.net/10986/13551
id okr-10986-13551
recordtype oai_dc
spelling okr-10986-135512021-04-23T14:03:08Z Productive Role of Safety Nets Alderman, Harold Yemtsov, Ruslan COMMUNITY ASSETS ECONOMIC GROWTH EMPOWERING THE POOR HUMAN CAPITAL INFRASTRUCTURE KNOWLEDGE GAPS POVERTY REDUCTION SAFETY NETS SOCIAL COHESION SOCIAL PROTECTION The paper contains a framework for linking social protection with growth and productivity, an updated review of the literature, new original work filling in gaps in the available evidence, and a discussion of operational implications. The paper demonstrates that there was a shift in the economists' view on social protection, and now they are seen as a force that can make a positive contribution towards economic growth and reduce poverty. The paper looks at pathways in which social protection programs (social insurance and social assistance programs, as well as labor programs) can support better growth outcomes: (i) individual level (building and protecting human capital, and other productive assets, empowering poor individuals to invest or to adopt higher return strategies), (ii) local economy effects (enhancing community assets and infrastructure, positive spillovers from beneficiaries to non-beneficiaries), (iii) overall economy level (acting as stabilizers of aggregate demand, improving social cohesion and making growth?enhancing reforms more politically feasible). Most social protection programs affect growth through all of these pathways. But the evidence is very uneven; and there are knowledge gaps. The paper discusses operational implications for the design and implementation of Social Protection (SP) programs and proposes a work program for addressing knowledge gaps. 2013-05-28T15:12:26Z 2013-05-28T15:12:26Z 2012-03 http://documents.worldbank.org/curated/en/2012/03/15961860/productive-role-safety-nets-background-paper-world-bank-2012-2022-social-protection-labor-strategy http://hdl.handle.net/10986/13551 English en_US Social Protection and Labor Discussion Paper;No. 1203 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic COMMUNITY ASSETS
ECONOMIC GROWTH
EMPOWERING THE POOR
HUMAN CAPITAL
INFRASTRUCTURE
KNOWLEDGE GAPS
POVERTY REDUCTION
SAFETY NETS
SOCIAL COHESION
SOCIAL PROTECTION
spellingShingle COMMUNITY ASSETS
ECONOMIC GROWTH
EMPOWERING THE POOR
HUMAN CAPITAL
INFRASTRUCTURE
KNOWLEDGE GAPS
POVERTY REDUCTION
SAFETY NETS
SOCIAL COHESION
SOCIAL PROTECTION
Alderman, Harold
Yemtsov, Ruslan
Productive Role of Safety Nets
relation Social Protection and Labor Discussion Paper;No. 1203
description The paper contains a framework for linking social protection with growth and productivity, an updated review of the literature, new original work filling in gaps in the available evidence, and a discussion of operational implications. The paper demonstrates that there was a shift in the economists' view on social protection, and now they are seen as a force that can make a positive contribution towards economic growth and reduce poverty. The paper looks at pathways in which social protection programs (social insurance and social assistance programs, as well as labor programs) can support better growth outcomes: (i) individual level (building and protecting human capital, and other productive assets, empowering poor individuals to invest or to adopt higher return strategies), (ii) local economy effects (enhancing community assets and infrastructure, positive spillovers from beneficiaries to non-beneficiaries), (iii) overall economy level (acting as stabilizers of aggregate demand, improving social cohesion and making growth?enhancing reforms more politically feasible). Most social protection programs affect growth through all of these pathways. But the evidence is very uneven; and there are knowledge gaps. The paper discusses operational implications for the design and implementation of Social Protection (SP) programs and proposes a work program for addressing knowledge gaps.
format Publications & Research :: Working Paper
author Alderman, Harold
Yemtsov, Ruslan
author_facet Alderman, Harold
Yemtsov, Ruslan
author_sort Alderman, Harold
title Productive Role of Safety Nets
title_short Productive Role of Safety Nets
title_full Productive Role of Safety Nets
title_fullStr Productive Role of Safety Nets
title_full_unstemmed Productive Role of Safety Nets
title_sort productive role of safety nets
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/03/15961860/productive-role-safety-nets-background-paper-world-bank-2012-2022-social-protection-labor-strategy
http://hdl.handle.net/10986/13551
_version_ 1764423700511195136

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