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UNICEF Social Inclusion, Policy and Budgeting

Asset Thresholds and Social Protection: A Think Piece

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AUTHOR Michael R. Carter and Christopher B. Barrett
ORGANIZATION Institute of Development Studies
TYPE Working Paper
DATE 2007
TOPIC Child-sensitive social protection

The dedication of this issue of the IDS Bulletin to social protection testifies to the topic's increasing importance in development discourse and policy. Holzmann et al. describe the rise of social protection within the World Bank. They trace its rise at least in part to the recognition that vulnerablility defines reality for many of the word's poor. Vulnerability in turn distorts and mis-shapes people's inter-temporal resource allocation behaviour -- not only for those who are currently poor, but also for the non-poor vulnerable to collasping into poverty. Because of these induced distortions, vulnerability is economically costly and contributes to the perpetuation of poverty over time.         

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