Strengthening public safety nets from the bottom up

Jonathan Morduch, Manohar Sharma

Research output: Contribution to journalArticle

Abstract

Helping to reduce the vulnerability poses a new set of challenges for public policy. A starting point is understanding the ways in which communities and extended families try to cope with difficulties in the absence of public interventions. Coping mechanisms range from the informal exchange of transfers and loans to more structured institutions that enable an entire community to provide protection to its neediest members. This article describes ways of building public safety nets to complement and extend informal and private institutions. The most effective policies will combine transfer systems that are sensitive to existing mechanisms with new institutions for providing insurance and credit and for generating savings.

Original languageEnglish (US)
Pages (from-to)569-588
Number of pages20
JournalDevelopment Policy Review
Volume20
Issue number5
StatePublished - 2002

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safety
private institution
extended family
loan
insurance
community
savings
credit
coping
vulnerability
public policy
public
policy
family
public building

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development
  • Management, Monitoring, Policy and Law

Cite this

Strengthening public safety nets from the bottom up. / Morduch, Jonathan; Sharma, Manohar.

In: Development Policy Review, Vol. 20, No. 5, 2002, p. 569-588.

Research output: Contribution to journalArticle

Morduch, Jonathan ; Sharma, Manohar. / Strengthening public safety nets from the bottom up. In: Development Policy Review. 2002 ; Vol. 20, No. 5. pp. 569-588.
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