Premand, Patrick

Development Impact Evaluation Group, the World Bank
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Fields of Specialization
Social protection, Safety nets, Employment, Skills, Early childhood development, Impact evaluation, Development economics
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Development Impact Evaluation Group, the World Bank
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Last updated September 12, 2023
Patrick Premand is a Senior Economist in the Development Impact Evaluation Group (DIME) in the research Vice-Presidency at the World Bank. He works on Social Protection and Safety Nets; Jobs, Economic Inclusion and Entrepreneurship; and Early Childhood Development. He conducts impact evaluations and policy experiments of social protection, jobs and human development programs. He often works on government-led interventions implemented at scale, in close collaboration with policymakers and researchers. He has led policy dialogue and technical assistance activities, as well as worked on the design, implementation and management of a range of World Bank operations. He previously held various positions at the World Bank, including in the Social Protection & Jobs group in Africa, the Human Development Economics Unit of the Africa region, the Office of the Chief Economist for Human Development, and the Poverty Unit of the Latin America and Caribbean region. He holds a DPhil in Economics from Oxford University.
Citations 124 Scopus

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    Transfers, Diversification and Household Risk Strategies: Can productive safety nets help households manage climatic variability?
    (Oxford University Press, 2022-03-30) Macours, Karen ; Premand, Patrick ; Vakis, Renos
    Despite increasing climatic variability and frequent weather shocks in many developing countries, there is little evidence on effective policies that help poor agricultural households manage risk. This paper presents experimental evidence on a program in rural Nicaragua aimed at improving households’ risk-management through income diversification. The intervention targeted agricultural households exposed to weather shocks and combined a one-year conditional cash transfer with vocational training or a productive investment grant. We identify the relative impact of each complementary package based on randomized assignment and analyse how impacts vary by exposure to exogenous drought shocks. The results show that both complementary interventions provide protection against weather shocks two years after the programme ended. Households that received the productive investment grant also had higher average consumption levels. The complementary interventions facilitated income smoothing and diversification of economic activities, as such offering better protection from shocks compared to beneficiaries of the basic conditional cash transfer and control households. Relaxing capital constraints induced investments in non-agricultural businesses, while relaxing skills constraints increased wage work and migration in response to shocks. These results show that combining safety nets with productive interventions relaxing skill or capital constraints can help households become more resilient and manage climatic variability.