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A Standardized Approach to Estimating the Cost of Economic Inclusion Programs

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dc.contributor.authorChaudhary, Sarang
dc.contributor.authorBrousset Chaman, Hugo Martin
dc.contributor.authorSwatton, Jenny
dc.date.accessioned2023-01-05T20:18:23Z
dc.date.available2023-01-05T20:18:23Z
dc.date.issued2022-11-16
dc.description.abstractEconomic inclusion programs have become a key feature of national social protection systems globally and a large and growing body of evidence suggests that economic inclusion programming can increase the incomes and resilience of people living in extreme poverty. As a result, there is strong operational demand to better understand the cost drivers, cost-effectiveness, and sustainability of EI programs, including how these interventions interact with other services targeting the poor. The unique design and institutional characteristics of EI programs makes costing them both more challenging and more important than it is for traditional safety net programs. Cost analysis of these programs can provide valuable information for designing, planning, and evaluating programs. Without a robust understanding of the drivers of program costs, policymakers lack the information required to make decisions about which interventions to pursue, replicate, or scale up. Decision-makers tend to focus on the “sticker price” of a program—such as the average cost per participant—without recognizing the relevant aspects required to contextualize and interpret cost estimates. Sticker prices do not fully capture value for money, longer-term impacts, or sustainability. This note provides a standardized approach to costing EI programs using the Quick Costing Tool from the Partnership for Economic Inclusion. It offers guidance to programs teams on how to perform costing analysis, highlighting the operational relevance of cost data. It includes three case studies that describe how the tool has been applied to real-world EI programs and reviews the implications of this work for EI programming.en
dc.identifierhttp://documents.worldbank.org/curated/en/099550412122242103/IDU033c387ae0b9f404ab0089540bd0f17705ec7
dc.identifier.doi10.1596/38366
dc.identifier.urihttps://hdl.handle.net/10986/38366
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPEI In Practice;Volume 6
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleA Standardized Approach to Estimating the Cost of Economic Inclusion Programsen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2022-12-12
okr.date.doiregistration2025-05-07T11:28:31.846476Z
okr.date.lastmodified2022-12-12T00:00:00Zen
okr.doctypeEconomic & Sector Work::PEI in Practice
okr.docurlhttp://documents.worldbank.org/curated/en/099550412122242103/IDU033c387ae0b9f404ab0089540bd0f17705ec7
okr.guid099550412122242103
okr.identifier.externaldocumentumIDU-33c387ae-b9f4-4ab0-8954-bd0f17705ec7
okr.identifier.internaldocumentum33953979
okr.identifier.report178464
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099550412122242103/pdf/IDU033c387ae0b9f404ab0089540bd0f17705ec7.pdfen
okr.unitSocial Protection & Labor Global (HSPGE)
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