Person:
Santos, Indhira
Author Name Variants
Fields of Specialization
Labor economics,
Development economics
Degrees
External Links
Departments
Social Protection and Jobs Global Practice
Externally Hosted Work
Contact Information
Last updated
January 31, 2023
Biography
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.
Publication Search Results
1 - 2 of 2
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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. -
Publication
Managing the Employment Impacts of the COVID-19 Crisis: Policy Options for Relief and Restructuring
(World Bank, Washington, DC, 2020-07)This note discusses policy options for managing the employment impacts of the COVID-19 (coronavirus) crisis aimed at relief and restructuring. The note pays attention to the labor market and institutional context of most low and middle-income countries where informality is large and where existing institutions often lack mechanisms to effectively reach businesses and workers in the informal economy. The note covers complementary policies aimed, in the relief phase, at: 1) Helping businesses survive and retain workers; 2) providing protection for those who do lose their jobs and see their livelihoods significantly affected; and 3) facilitating alternative employment and employability support for those who are out of work (collectively known as active labor market programs, ALMP). The note further differentiates between these relief responses and the restructuring response when countries start to reopen for businesses and policies need to aim to support firms' and workers' transition to a "new normal", hopefully a "better normal" that supports a resilient recovery.