Safety nets in transition economics : toward a reform strategy

This paper reviews the role of safety nets in transition economies within the context of a social risk management framework. The report discusses the objectives of safety nets, the legacyof pre-transition programs, developments during the transition period, strategic choices facing countries, and the operational experience and strategy of the World Bank. The report finds that across the region, further dialogue and analysis is needed. Effective safety net programs that meet the changing needs of vulnerable groups are critical for the success of the transition in the Eastern Europe and Central Asia. While important changes have taken place, there is a need to raise the profile of safety net policies both within ECA countries and at the World Bank.