Economic crises produce rapid and sizable shifts in the demand for social support. Means-tested cash transfers, such as 'social assistance' programmes and related minimum-income benefits (MIB) typically function as benefits of last-resort, filling some of the support gaps left by other...

Economic crises produce rapid and sizable shifts in the demand for social support. Means-tested cash transfers, such as "social assistance" programmes and related minimum-income benefits (MIB) typically function as benefits of last-resort, filling some of the support gaps left by other...

This report uses the past three recessions of the early 1980s, early 1990s and early 2000s to project the effects of a recession in 2008. The report finds that such a recession would result in a significant rise in unemployment and the poverty rate along with a significant decrease in the...

Central Asia has emerged as one of the worlds fastest growing regions since the late 1990s and has shown notable development potential. This is significant for a region comprising largely of small landlocked economies with no access to the sea for trade. Among the advantages, of the region are...

Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act. While deficits widened anew in 2008 and 2009, against the backdrop of the global financial and economic crisis, efforts to reduce them have resumed since. To ensure...

In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile...

The present economic crisis comes against the background of decades of policy changesthat have generally weakened the capacity of social safety nets to offer citizens withadequate resources for financial survival when labour markets fail to do so. Building on datafor 24 European Union countries,...

The present economic crisis comes against the background of decades of policy changes that have generally weakened the capacity of social safety nets to offer citizens with adequate resources for financial survival when labour markets fail to do so. Building on data for 24 European Union...

Poverty declined substantially in Mozambique between 1996/97 and 2014/15. However, the recent economic crisis, characterized by a significant increase in domestic prices, may have dragged several households into poverty. Using consumer price index and 2014/15 household budged survey data, we...

In March 2020, shelter-in-place and social-distancing policies have been enforced or recommended all over the world to fight the COVID-19 pandemic. However, strict containment is hardly achievable in low-income countries, as large parts of population are forced to continue income-generating...