Refugee Welfare : A Global Public Good
This brief discusses about the refugees welfare in Middle East and North Africa (MENA). Refugee flows can significantly alter the social and economic fabric of host communities, with the impact depending on initial conditions in labor markets, acce...
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/232341523468973165/Refugee-welfare-a-global-public-good http://hdl.handle.net/10986/29689 |
| Summary: | This brief discusses about the refugees
welfare in Middle East and North Africa (MENA). Refugee
flows can significantly alter the social and economic fabric
of host communities, with the impact depending on initial
conditions in labor markets, access to resources,
demographics, labor laws, and the policy responses of host
governments. Most refugees are concentrated in relatively
fragile countries, many relatively small and economically
vulnerable, including Kenya, Lebanon, and Jordan. To
recognize the global public good that Lebanon and Jordan
provided by opening their borders to Syrian refugees, in
April 2016, the World Bank, the United Nations, and Islamic
Development Bank, in close collaboration with the donor
community and a range of international partners, launched
the Concessional Financing Facility (CFF). The CFF focused
on helping Jordan and Lebanon address the impact of Syrian
refugees without having to increase their debt levels. As of
April 2018, the renamed Global Concessional Financing
Facility (GCFF) has leveraged concessional financing to
Lebanon and Jordan for ten projects. |
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