 Targeted Transfers in Poor Countries: Revisiting the Trade-Offs and Policy Options (129KB PDF). Also available in Español (144KB PDF)
Social Protection Discussion Paper No. 0314; Publication Date: 05/03
by Martin Ravallion
This paper revisits the role of targeted transfers in poor countries in light of the new theories on the social costs of uninsured risks and unmitigated inequalities. This body of theory and evidence offers a new perspective on social protection policies in poor countries, suggesting that there is scope for using these policies to compensate for the market failures that help perpetuate poverty, particularly in high-inequality settings. While acknowledging caveats to policy implementation, the paper suggests that it is time for a pragmatic and open-minded approach to this class of interventions, recognizing the potentially important role they can play, but using careful design and evaluation to assure that the potential is realized.
 Related Note (47KB PDF). Also available in Bahasa Indonesia (133KB PDF) ◘ Español (141KB PDF) ◘ Русский (92KB PDF)
|
RSS