This paper brings together some of the empirical work conducted by IFPRI researchers which investigates linkages among the degree of consumption insurance, households'vulnerability to poverty, and household use of formal and informal coping mechanisms using the same empirical approach in five...

This"toolkit"provides quantitative tools to practitioners who want to undertake risk and vulnerability assessments using household data. While one could use price, exchange rate, and balance of payments data to examine macroeconomic shocks, and rainfall data to assess the severity of droughts...

The creation of fully funded, privately managed pension systems may have significant positive direct effects on savings, growth, and welfare. However, the indirect link, via capital market development, may be as important. This hypothesis is verified with evidence from emerging economies that...

A large number of public pension schemes around the world have accumulated significant reserves. Pre-funding might reduce the risk that future governments will not be able to meet pension obligations. The management of these funds therefore, has a direct effect on financial sustainability and...

Funded mandatory pension systems based on individual accounts are spreading around the world. With the maturation of those systems, regulating the withdrawal of retirement savings will become increasingly important. Government regulation of withdrawals should mandate the purchase of...

The paper is intended to provide an orientation to the past and present work of the Social Development network and a contribution to its future strategy. It presents a brief overview of the history of the Social Development network or family; it illustrates both continuity and change in the way...

This paper documents trends in earnings distribution during the transition in Central Europe, and examines changes in relative wages that have underlined the rise in earnings inequality. The paper finds that the widening of earnings distribution was concentrated in the early phase of transition,...

The conventional wisdom in mainstream development policy circles is that income transfers to the poor, and safety net policies more generally, are at best a short-term palliative and at worst a waste of money. They are not seen as a core element of an effective long-term poverty reduction...

The informal sector is typically characterized as being very heterogeneous and possibly composed of two clearly distinct segments, sometimes called the lower and upper tier. However, empirical evidence shows that even among lower tier entrepreneur's profitability can be quite high. The authors...

This paper presents empirical evidence on the determinants of industry-level multifactor productivity growth. It focus on traditional factors, including the process of technological catch up, human capital and R&D as well as institutional factors affecting labor adjustment costs. The link...