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Santos, Indhira

Social Protection and Jobs Global Practice
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Labor economics, Development economics
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Social Protection and Jobs Global Practice
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Last updated: August 28, 2024
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Indhira Santos is the Global Lead for Labor & Skills in the Social Protection & Jobs Global Practice at the World Bank. She was a primary author of the 2019 World Development Report “The Changing Nature of Work” and the 2016 World Development Report “Digital Dividends”. She has worked on the Africa, Europe and Central Asia and South Asia Regions at the World Bank since joining as a Young Professional in 2009. Prior to joining the World Bank, she was a Research Fellow at Bruegel, a European policy think tank in Brussels, between 2007 and 2009. She has also worked for the Economic Research Center of the PUCMM University and the Ministry of Finance (Dominican Republic). She was a Fulbright scholar at Harvard University, where she obtained her PhD in Public Policy and a Masters in Public Administration in International Development.

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Country: Bangladesh × Topic: Social Protections and Labor ×

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    How Do the Poor Cope with Shocks in Bangladesh? Evidence from Survey Data
    (2011-09-01) Sharif, Iffath; Santos, Indhira; Rahman, Hossain Zillur; Zaman, Hassan
    This paper uses household survey data collected in September-October 2009 on a nationally representative sample of 2,000 households in Bangladesh to examine the nature of shocks experienced by households over the preceding 12 months and the type of coping mechanisms that were adopted. The analysis finds that more than half the sample claimed to have faced a shock -- economic, health, climatic, or asset related -- over the previous year. Surprisingly, the non-poor face a larger share of these shocks compared with the poor. A closer look at this result shows that the non-poor report a significantly larger share of "asset-related" shocks, which is consistent with the fact that the poor have fewer assets to lose. Health-related shocks dominate and households appear to have coped with these shocks through savings and loans, help from friends, and depletion of assets. The results show that households, when faced with covariate shocks due to climatic reasons, are less able to cope. As would be expected, the poor are less able to cope with shocks compared with the non-poor; the poor are more likely to use coping mechanisms that could have negative welfare implications in the longer term, including the depletion of assets, reduction of essential consumption, and use of high-interest loans. Econometric analysis suggests that geographical location, socio-economic status, and access to microfinance all affect the ability to cope with shocks. Policy implications include the importance of developing safety nets that take into account the vulnerability to climate-related shocks and further developing the links between micro-finance and safety net programs.