The Importance of Safety Nets : Mexico's Leadership

Jim Yong Kim, President of the World Bank Group discusses the importance of safety nets and social protection that countries provide to their citizens. He announces supporting for Mexico's second-generation safety net program PROSPERA, which provides a financial cushion to poor people, allowing them to achieve a higher level of health and security and giving them the chance to learn skills and to find good jobs to become more productive workers, to raise their income levels, and to promote economic growth. He talks about Mexico that played a crucial role in sharing lessons learned from its leadership in the sector and responding to presentations on the experiences of other countries that have faced similar challenges