There is increasing concern about the vulnerability of poor and near-poor rural households, who have limited capabilities to manage risk and often resort to strategies that can lead to a vicious cycle of poverty. Household-related risk is ususally considered individual or private, but measures...

Conditional cash transfers are a departure from more traditional approaches to social assistance, that represents an innovative, and increasingly popular channel for the delivery of social services. Conditional cash transfers provide money to poor families, contingent upon certain behavior,...

Natural disasters have ahuge impact on social and economic welfare. Policies to manage them need to be integrated and well grounded to the specificities of natural hazards as well as local capacities in terms of fiscal, administrative and economic capabilities. A well designed natural disasters...

This paper summarizes the World Bank's experience in dealing with redundant (laid-off) workers. It identifies World Bank lending of 88 loans in 47 countries that have contained labor assistance to redundant workers related to enterprise restructuring or privatization since 1987. The paper...

This paper examines the evolution of the pension system in Britain. In particular, it focuses on the shift from pay-as-you-go, state-run defined-benefit pensions to individual, private-sector, funded defined-contribution accounts. It looks at three issues in this reform: the financing of the...

This paper solves and estimates a stochastic model of optimal inter-temporal behavior to assess how changes in the design of the unemployment benefits and pension systems in Brazil could affect savings rates, the share of time that individuals spend outside of the formal sector, and retirement...

This paper surveys 11 international comparative studies of poverty, income distribution, and the elderly. Although it focuses on OECD economies, some 44 countries are covered. The paper addresses a series of questions. What level are the incomes of the elderly relative to the population as a...

This paper will consider a range of consumer-oriented subsidy instruments, including general subsidies, and tax exemptions as well as targeted quotas. Section II discusses the distribution, or incidence of the subsidy expenditures for all these instruments. It focuses primarily on food as the...

The objectives of this paper are: i) to present the record of World Bank's involvement in disability as part of its overall development strategy; ii) to share with development partners some of the good practices the Bank has discovered; and iii) to stimulate new ways to address the problems of...

There is a wide agreement on the fact that a large informal economy leaves many individuals without social protection and reduces government's tax revenue and social security contributions. However, it remains an open question what really drives informality, namely whether workers are simply...