Human Development Perspectives
9 items available
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The books in this series address main and emerging development issues of a global/regional nature through original research and findings in the areas of Education, Gender, Health, Nutrition, Population, Social Protection and Jobs. This series is aimed at policy makers and area experts and is overseen by the Human Development Practice Group Chief Economist.
Items in this collection
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Publication
Revisiting Targeting in Social Assistance: A New Look at Old Dilemmas
(Washington, DC: World Bank, 2022-03-31)Targeting is a commonly used, but much debated, policy within global social assistance practice. This book examines the well- known dilemmas in light of the growing body of experience, new implementation capacities, and the potential to bring new data and data science to bear. Chapter 1 presents a series of essays on the factors that shape choices around why or whether or how narrowly/broadly to target different parts of social assistance. Chapter 2 updates the global empirics around the outcomes and costs of focusing benefits on the poor or vulnerable. Chapter 3 illustrates the options and choices that must be made in moving from an abstract vision of focusing resources on the poor or vulnerable to more specific concepts and implementable definitions and procedures, and how the many choices should be informed by values, empirics and context. Chapter 4 provides a brief treatment of delivery systems and processes showing their importance to distributional outcomes and suggesting the many facets with room for improvement. Chapter 5 discusses the choice between targeting methods, how differences in purposes and contexts shape those. Chapter 6 summarizes and comprehensively updates the know-how with respect to the data and inference used by the different household-specific targeting methods. Chapter 7 contains a primer on measurement issues, going much deeper than usual and explaining how better measurement can lead to clearer understanding of targeting issues. Chapter 8 explores machine learning algorithms for household-specific mechanisms for eligibility determination. -
Publication
Protecting All: Risk Sharing for a Diverse and Diversifying World of Work
(Washington, DC: World Bank, 2019-09-09)This white paper focusses on the policy interventions made to help people manage risk, uncertainty and the losses from events whose impacts are channeled primarily through the labor market. The objectives of the white paper are: to scrutinize the relevance and effects of prevailing risk-sharing policies in low- and middle-income countries; take account of how global drivers of disruption shape and diversify how people work; in light of this diversity, propose alternative risk-sharing policies, or ways to augment and improve current policies to be more relevant and responsive to peoples’ needs; and map a reasonable transition path from the current to an alternative policy approach that substantially extends protection to a greater portion of working people and their families. This white paper is a contribution to the broader, global discussion of the changing nature of work and how policy can shape its implications for the wellbeing of people. We use the term risk-sharing policies broadly in reference to the set of institutions, regulations and interventions that societies put in place to help households manage shocks to their livelihoods. These policies include formal rules and structures that regulate market interactions (worker protections and other labor market institutions) that help people pool risks (social assistance and social insurance), to save and insure affordably and effectively (mandatory and incentivized individual savings and other financial instruments) and to recover from losses in the wake of livelihood shocks (“active” reemployment measures). Effective risk-sharing policies are foundational to building equity, resilience and opportunity, the strategic objectives of the World Bank’s Social Protection and Jobs Global Practice. Given failures of factor markets and the market for risk in particular the rationale for policy intervention to augment the options that people have to manage shocks to their livelihoods is well-understood and accepted. By helping to prevent vulnerable people from falling into poverty -and people in the poorest households from falling deeper into poverty- effective risk-sharing interventions dramatically reduce poverty. Households and communities with access to effective risk-sharing instruments can better maintain and continue to invest in these vital assets, first and foremost, their human capital, and in doing so can reduce the likelihood that poverty and vulnerability will be transmitted from one generation to the next. Risk-sharing policies foster enterprise and development by ensuring that people can take appropriate risks required to grasp opportunities and secure their stake in a growing economy.