Person:
Verme, Paolo

Global Practice on Poverty and Inequality
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Welfare, Poverty, Inequality, Labor markets, Refugees, Middle East, North Africa, former Soviet Union
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Global Practice on Poverty and Inequality
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Last updated January 31, 2023
Biography
Paolo Verme is Lead Economist at the World Bank. A Ph.D. graduate of the London School of Economics, he was Visiting Professor at Bocconi University in Milan (2004-2009) and at the University of Turin (2003-2010) before joining the World Bank in 2010. For almost two decades, he served as senior advisor and project manager for multilateral organizations, private companies and governments in the areas of labor market, welfare and social protection policies. His research is widely published in international journals, books and reports. His most recent book is on the welfare of Syrian refugees, a joint study between the World Bank and the UNHCR.
Citations 52 Scopus

Publication Search Results

Now showing 1 - 5 of 5
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    The Quest for Subsidies Reforms in the Middle East and North Africa Region: A Microsimulation Approach to Policy Making
    (Cham, Switzerland: Springer, 2017) Verme, Paolo ; Araar, Abdelkrim ; Verme, Paolo ; Araar, Abdelkrim ; Atamanov, Aziz ; Ghosh Banerjee, Sudeshna ; Brodmann, Stefanie ; Choueiri, Nada ; Coulombe, Harold ; Clarke, Kieran ; Cuesta, Jose ; El Lahga, Abdel Rahmen ; Griffin, Peter ; Jellema, Jon ; Fathy El-laithy, Heba Farida Ahmed ; Hallouda, Mohab ; Lara Ibarra, Gabriel ; El Massnaoui, Khalid ; Dehzooei, Mohammadhadi Mostafavi ; Salehi-Isfahani, Djavad ; Serajuddin, Umar
    The objective of this book is to capitalize on the work undertaken by the World Bank in the MENA Region between 2010 and 2014 using a particular model specifically designed for the distributional analysis of subsidies and the simulation of subsidies reforms. The model is called “SUBSIM” and has been used uniformly in all the seven countries where the World Bank operated. The focus of the book is the distribution of subsidies and the simulation of subsidy reforms in a partial equilibrium framework. The distributional analysis of subsidies provides information on who benefits from existing subsidies, and the simulations of subsidy reforms provide information on the outcomes of the reforms in terms of government budget, household welfare, poverty, inequality, and the trade-offs between these outcomes. It is a partial equilibrium approach in that we focus on the final consumption market only. The book covers energy and food subsidies. The countries covered are Djibouti, the Arab Republic of Egypt, the Islamic Republic of Iran, Jordan, Libya, Morocco, Tunisia, and the Republic of Yemen.
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    A Comparative Analysis of Subsidy Reforms in the Middle East and North Africa Region
    (World Bank, Washington, DC, 2016-07) Araar, Abdelkrim ; Verme, Paolo
    The paper compares the distribution of energy and food subsidies across households and the impact of subsidy reforms on household welfare in the Middle East and North Africa region. The analysis uses a unified model and harmonized household data. The results show that the distribution of subsidies and the welfare effects of subsidy reforms are quite diverse across countries and products. Energy subsidies tend to be pro-rich in terms of absolute amounts, but tend to be more important for the poor in terms of expenditure shares. Instead, food subsidies are larger for the poor in absolute and relative terms. These findings do not apply everywhere, and the scale of these phenomena are different across countries and products. The welfare effect of a 30 percent reduction in subsidies can be important, especially considering the cumulated effect across products, but the cost of compensating the loss in welfare for the poor is generally low compared with the budget benefits of decreasing subsidies.
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    Subsidy Reforms in the Middle East and North Africa Region: A Review
    (World Bank, Washington, DC, 2016-07) Verme, Paolo
    The paper takes stock of eight country studies and a cross-country analysis to review the experience with subsidy reforms in the Middle East and North Africa region between 2010 and 2014. This unprecedented period of subsidy reforms occurred during a period of extraordinary political changes, which makes this particular experience unique. The paper reviews the facts and the different paths to reforms taken by different countries faced with different challenges, and discusses the pros and cons of alternative policy options. It concludes with an assessment of the experiences and a discussion on future prospects.
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    Optimal Targeting Under Budget Constraints in a Humanitarian Context
    (Elsevier, 2018-01-05) Verme, Paolo ; Gigliarano, Chiara
    The paper uses Receiver Operating Characteristic (ROC) curves and related indexes to determine the optimal targeting strategy of a food voucher program for refugees. Estimations focus on the 2014 food voucher administered by the World Food Program to Syrian refugees in Jordan using data collected by the United Nations High Commissioner for Refugees. The paper shows how to use ROC curves to optimize targeting using coverage rates, budgets, or poverty lines as guiding principles to increase the overall efficiency of a program. As humanitarian organizations operate under increasing budget constraints and increasing demands for efficiency, the proposed approach addresses both concerns.
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    Optimal Targeting under Budget Constraints in a Humanitarian Context
    (World Bank, Washington, DC, 2017-09) Gigliarano, Chiara ; Verme, Paolo
    The combination of conflict, food insecurity, and displacement generates competing claims for financial resources that stretch the donors' ability to provide funding and the humanitarian organizations' capacity to provide social assistance. The paper uses Receiver Operating Characteristic curves and related indexes to determine the optimal targeting strategy of a food voucher program for refugees. The estimations focus on the 2014 food vouchers administered by the World Food Programme to Syrian refugees in Jordan. The analysis uses data collected by the United Nations High Commissioner for Refugees. Based on a poverty model, Receiver Operating Characteristic curves are used to optimize coverage and leakage rates under budget constraints. The paper shows how policy makers can use these instruments to fine-tune targeting using coverage rates, budgets, or poverty lines as guiding principles to increase the overall efficiency of a program. As humanitarian organizations operate under increasing budget constraints and increasing demands for efficiency, the proposed approach addresses both concerns.