Risk Management in South Asia : A Poverty Focused Approach
In recognition that poverty and vulnerability are mutually reinforcing, because the poor lack the ability to insure against risks, often shaping behavior and decision making to minimize exposure to risks, even at the cost of economic efficiency, and long-term interest, this paper reviews what is known about the risk-coping, and risk-mitigating behavior of the poor in South Asia. It examines the support received from the governments, and nongovernmental organizations, as well as the Bank's contributions, and, presents suggestions for a strategy to reduce poverty, and efforts to overcome risk. Analytical work classifies the risks that threaten different vulnerable groups, or poor households, according to poverty incidence and severity, and, a similar effort evaluates both the risk-reducing impact of anti-poverty programs, and the performance and potential of less traditional approaches, such as micro-finance. On assessing government programs, the study evaluates the role, impact, and potential of policy mechanisms, or strategies commonly used in the region, reviewing welfare programs in public works, transfers in cash or kind, innovative programs for savings and insurance services, and pension reforms, as well as how to expand such programs. The study argues on the need for a comprehensive social protection strategy that can address both poverty, and vulnerability, identifying the priorities of vulnerable groups, and specific risks, to then develop an implementation structure, and institutional reforms that expand market opportunities which facilitate formal mechanisms for risk management.
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| id |
dig-okr-1098615449 |
|---|---|
| record_format |
koha |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT |
| spellingShingle |
POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT World Bank Risk Management in South Asia : A Poverty Focused Approach |
| description |
In recognition that poverty and
vulnerability are mutually reinforcing, because the poor
lack the ability to insure against risks, often shaping
behavior and decision making to minimize exposure to risks,
even at the cost of economic efficiency, and long-term
interest, this paper reviews what is known about the
risk-coping, and risk-mitigating behavior of the poor in
South Asia. It examines the support received from the
governments, and nongovernmental organizations, as well as
the Bank's contributions, and, presents suggestions for
a strategy to reduce poverty, and efforts to overcome risk.
Analytical work classifies the risks that threaten different
vulnerable groups, or poor households, according to poverty
incidence and severity, and, a similar effort evaluates both
the risk-reducing impact of anti-poverty programs, and the
performance and potential of less traditional approaches,
such as micro-finance. On assessing government programs, the
study evaluates the role, impact, and potential of policy
mechanisms, or strategies commonly used in the region,
reviewing welfare programs in public works, transfers in
cash or kind, innovative programs for savings and insurance
services, and pension reforms, as well as how to expand such
programs. The study argues on the need for a comprehensive
social protection strategy that can address both poverty,
and vulnerability, identifying the priorities of vulnerable
groups, and specific risks, to then develop an
implementation structure, and institutional reforms that
expand market opportunities which facilitate formal
mechanisms for risk management. |
| topic_facet |
POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Risk Management in South Asia : A Poverty Focused Approach |
| title_short |
Risk Management in South Asia : A Poverty Focused Approach |
| title_full |
Risk Management in South Asia : A Poverty Focused Approach |
| title_fullStr |
Risk Management in South Asia : A Poverty Focused Approach |
| title_full_unstemmed |
Risk Management in South Asia : A Poverty Focused Approach |
| title_sort |
risk management in south asia : a poverty focused approach |
| publisher |
Washington, DC |
| publishDate |
2001-11 |
| url |
http://documents.worldbank.org/curated/en/2001/11/1687167/south-asia-risk-management-south-asia-poverty-focused-approach http://hdl.handle.net/10986/15449 |
| work_keys_str_mv |
AT worldbank riskmanagementinsouthasiaapovertyfocusedapproach |
| _version_ |
1756572874491035648 |
| spelling |
dig-okr-10986154492021-04-23T14:03:14Z Risk Management in South Asia : A Poverty Focused Approach World Bank POVERTY ASSESSMENTS POVERTY REDUCTION VULNERABILITY RISK ASSESSMENT RISK EVALUATION RISK MANAGEMENT POVERTY INCIDENCE ABSOLUTE POVERTY POVERTY MITIGATION POVERTY REDUCTION STRATEGIES RISK AVERSION SOCIAL ASSISTANCE PROGRAMS WELFARE WORK PARTICIPATION MICROFINANCE POLICY FRAMEWORK CASH SOCIAL TRANSFERS SAVINGS BEHAVIOR INSURANCE SURVEYS PENSION REFORM SOCIAL SAFETY NETS SOCIAL ACTION PROGRAMS INSTITUTIONAL REFORM MARKET ACCESS ADVERSE SELECTION ANALYTICAL WORK CASH TRANSFER PROGRAMS CASH TRANSFERS CHILD ALLOWANCES CHILD LABOR COMMERCIAL BANKS COMMUNITY LEVEL CONFLICT CONSUMPTION SMOOTHING DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISTORTED INCENTIVES DROUGHT ECONOMIC EFFICIENCY ECONOMIC FACTORS ECONOMIC GROWTH EGS EMPLOYMENT PROGRAMS EXTERNALITIES FARMS FINANCIAL INSTRUMENTS FINANCIAL SECTOR FINANCIAL SERVICES FOOD STAMPS FORMAL INSTITUTIONS GNP GROSS NATIONAL PRODUCT HOUSEHOLD SURVEY HUMAN DEVELOPMENT INCOME INCOME COUNTRIES INDIVIDUAL COUNTRIES INFORMAL NETWORKS INFORMAL SECTOR INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CHANGES INSTITUTIONAL DEVELOPMENT INSTITUTIONAL FRAMEWORK INSURANCE INSURANCE MARKETS INTEREST RATES INTERNATIONAL LABOUR INVENTORIES LABOR MARKET LABOR MARKETS LIVING CONDITIONS MARKET FAILURES MICROFINANCE INSTITUTIONS MORAL HAZARD NATIONAL POVERTY NATIONAL POVERTY LINES OLD AGE POLICY INSTRUMENTS POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY ASSESSMENTS POVERTY FOCUS POVERTY LINE POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY PRIORITY AREAS PRODUCTIVITY PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC POLICY PUBLIC SAFETY NETS PUBLIC WORKS PUBLIC WORKS PROGRAMS PURCHASING POWER PURCHASING POWER PARITY REDUCING POVERTY REDUCTION POLICY REGULATORY FRAMEWORK RESEARCH INSTITUTE RISK MANAGEMENT RISK REDUCTION RURAL AREAS RURAL POOR RURAL POPULATION SAFETY NET SAFETY NET MEASURES SAFETY NET PROGRAMS SAFETY NETS SAVINGS SOCIAL ASSISTANCE SOCIAL ASSISTANCE PROGRAMS SOCIAL DEVELOPMENT SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY TARGETED TRANSFERS TARGETING TARGETING EFFICIENCY TECHNICAL ASSISTANCE TRANSFER BENEFITS UNEMPLOYMENT VULNERABLE GROUPS WAGES ZAKAT In recognition that poverty and vulnerability are mutually reinforcing, because the poor lack the ability to insure against risks, often shaping behavior and decision making to minimize exposure to risks, even at the cost of economic efficiency, and long-term interest, this paper reviews what is known about the risk-coping, and risk-mitigating behavior of the poor in South Asia. It examines the support received from the governments, and nongovernmental organizations, as well as the Bank's contributions, and, presents suggestions for a strategy to reduce poverty, and efforts to overcome risk. Analytical work classifies the risks that threaten different vulnerable groups, or poor households, according to poverty incidence and severity, and, a similar effort evaluates both the risk-reducing impact of anti-poverty programs, and the performance and potential of less traditional approaches, such as micro-finance. On assessing government programs, the study evaluates the role, impact, and potential of policy mechanisms, or strategies commonly used in the region, reviewing welfare programs in public works, transfers in cash or kind, innovative programs for savings and insurance services, and pension reforms, as well as how to expand such programs. The study argues on the need for a comprehensive social protection strategy that can address both poverty, and vulnerability, identifying the priorities of vulnerable groups, and specific risks, to then develop an implementation structure, and institutional reforms that expand market opportunities which facilitate formal mechanisms for risk management. 2013-08-28T20:06:15Z 2013-08-28T20:06:15Z 2001-11 http://documents.worldbank.org/curated/en/2001/11/1687167/south-asia-risk-management-south-asia-poverty-focused-approach http://hdl.handle.net/10986/15449 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC South Asia |