Holzmann, Robert2012-05-292012-05-292009978-0-8213-7648-5https://hdl.handle.net/10986/6602In autumn 2000, the World Bank's board approved the first ever strategy for the new social protection and labor sector, and in January 2001, the sector published the strategy. The subtitle, from safety net to springboard, indicated the World Bank's move toward a broader understanding of poverty reduction and the relationship of risk to poverty. Because risks and access to appropriate risk management instruments matter for poverty reduction and development, the strategy proposed a new conceptual framework - social risk management that will review and reform existing interventions and propose new ones to better assist the vulnerable in addressing the many risks to which they are exposed. After seven years of implementation, it was time to review the strategy and work of the areas of selected core competence: labor market, social insurance (in particular pensions), social safety nets, social funds, disability and development, and risk and vulnerability analysis. The strategic position, its development, and the results by the sector since the launch of its strategy were reviewed and presented to the World Bank's committee on development effectiveness at the end of 2007. The review included a stocktaking of the analytical work and lending operations in each of the six core competence areas. The result of this review and the six stocktaking papers are presented in this publication. They reveal the progress that the World Bank has made in understanding the importance of social risk management for poverty reduction and the critical contribution it makes to equitable and sustainable growth.en-USCreative Commons Attribution CC BY 3.0 IGOACCOUNTINGASSISTANCE PROGRAMSASSISTANCE STRATEGYASYMMETRIC INFORMATIONBANK ACCOUNTSBANK LENDINGBANKING SECTORBANKSBENEFIT SYSTEMSCAPACITY BUILDINGCASH TRANSFERCASH TRANSFER PROGRAMSCASH TRANSFERSCHILD LABORCIVIL SERVICECOLLATERALCOLLATERAL REQUIREMENTSCOMMUNITY ORGANIZATIONSCONDITIONAL CASHCONFLICTCONSUMPTION SMOOTHINGCOPING STRATEGIESCOUNTRY RISKCROP DIVERSIFICATIONCROP INSURANCECURRENCYDEBTDEFICITSDEVELOPING COUNTRIESDEVELOPMENT BANKDEVELOPMENT ECONOMICSDEVELOPMENT EFFECTIVENESSDOWNSIDE RISKSDROUGHTECONOMIC ASSISTANCEECONOMIC CRISISECONOMIC FLUCTUATIONSECONOMIC GROWTHECONOMIC REFORMECONOMIC SHOCKSECONOMIC VOLATILITYEMPLOYMENTEMPLOYMENT PROGRAMSEQUIPMENTETHNIC GROUPSEXOGENOUS SHOCKSEXTENDED FAMILIESEXTREME POVERTYFINANCIAL CRISESFINANCIAL CRISISFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL MARKETSFINANCIAL SERVICESFOOD SECURITYFORMAL FINANCIAL INSTITUTIONSGLOBAL ECONOMYGLOBALIZATIONGROSS DOMESTIC PRODUCTHEALTH SERVICESHUMAN CAPITALHUMAN CAPITAL INVESTMENTHUMAN DEVELOPMENTHUMAN RIGHTSIDIOSYNCRATIC RISKSINCOMEINCOME LEVELINCOME SUPPORTINCOME VARIABILITYINEQUALITYINFORMAL BORROWINGINNOVATIONINSTITUTIONAL CAPACITYINSTRUMENTINSURANCEINSURANCE MECHANISMSINSURANCE SYSTEMSINTERNATIONAL BANKINTERNATIONAL DEVELOPMENTINTERNATIONAL DONORSINTERNATIONAL FOOD POLICYINVENTORYINVESTMENT CLIMATEINVESTMENT FUNDINVESTMENT PROJECTSJOB CREATIONLABOR MARKETLABOR MARKET FLEXIBILITYLABOR MARKET POLICIESLABOR MARKET POLICYLABOR MARKETSLABOURLENDING INSTRUMENTLENDING INSTRUMENTSLIVING STANDARDSLOSS OF INCOMEMACROECONOMIC CONDITIONSMALNUTRITIONMANAGEMENT INFORMATION SYSTEMSMANAGEMENT OF RISKSMARKET CONDITIONSMARKET ECONOMYMARKET INTEGRATIONMARKET LENDINGMICROENTERPRISESMICROFINANCEMICROFINANCE INSTITUTIONSMICROINSURANCEMITIGATION STRATEGIESNATURAL DISASTERSNATURAL RESOURCESNUMBER OF CHILDRENNUTRITION PROGRAMSOIL PRICESOLD AGEOLD-AGE INCOMEOUTPUTSPENSIONPENSION REFORMPENSION REFORMSPENSION SYSTEMPENSION SYSTEMSPENSIONSPOLICY RESPONSESPOLITICAL LIBERALIZATIONPOLITICAL VOLATILITYPOORPOOR COUNTRIESPOOR LIVINGPOOR PEOPLEPORTFOLIOPOVERTY ALLEVIATIONPOVERTY ANALYSISPOVERTY ASSESSMENTPOVERTY ASSESSMENTSPOVERTY LEVELSPOVERTY LINEPOVERTY REDUCTIONPOVERTY REDUCTION EFFORTSPOVERTY REDUCTION STRATEGYPOVERTY REDUCTION STRATEGY PAPERPREVENTIVE HEALTHPRODUCTIVE ASSETSPRODUCTIVITYPROTECTION MECHANISMSPUBLIC EXPENDITURESPUBLIC INTERVENTIONSPUBLIC POLICIESPUBLIC POLICYPUBLIC WORKSPUBLIC WORKS PROGRAMSRATES OF RETURNREAL WAGESREDISTRIBUTIVE ROLERISK COPINGRISK DIVERSIFICATIONRISK MANAGEMENTRISK MANAGEMENT STRATEGIESRISK MITIGATIONRISK PROFILESRISK REDUCTIONRURAL POVERTYSAFETYSAFETY NETSAFETY NET PROGRAMSSAVINGSSCHOOL ENROLLMENTSECRETARIESSELF-INSURANCESHOCKSOCIAL ACTIONSOCIAL ACTION FUNDSOCIAL ASSISTANCESOCIAL DEVELOPMENTSOCIAL FUNDSOCIAL FUND PROJECTSSOCIAL FUNDSSOCIAL INSURANCESOCIAL INVESTMENTSOCIAL PENSIONSSOCIAL POLICYSOCIAL PROTECTIONSOCIAL RISKSOCIAL SAFETY NETSOCIAL SAFETY NETSSOCIAL SECURITYSOCIAL SECURITY PROGRAMSSOCIAL SERVICESSSNSTRUCTURAL REFORMSSUBSIDIARYSUPPLIERSSUSTAINABLE DEVELOPMENTSUSTAINABLE GROWTHTARGETINGTECHNICAL ASSISTANCETRANSFER PROGRAMSTRANSITION ECONOMIESTRANSITION ECONOMYTRANSPORTUNEMPLOYEDUNEMPLOYMENTUNEMPLOYMENT BENEFITUNEMPLOYMENT BENEFIT SYSTEMSUNEMPLOYMENT INSURANCEUNEMPLOYMENT RATEUNINSURED RISKURBAN DEVELOPMENTVULNERABLE GROUPSVULNERABLE PEOPLEWAGESWAREHOUSEWORK PROGRAMWORKFAREYOUTH EMPLOYMENTWorld Bank10.1596/978-0-8213-7648-5