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235. Kanbur, Ravi
April 2009
Systemic Crises and the Social Protection System: Three Proposals for World Bank Action
In these brief comments I want to address what happens when our “normal” development discourse, about the “normal” development path of a country, has superimposed on it, and interacting with it, the prospect of major country level shocks over which the country itself has no control. By the “normal” development discourse I mean the usual things—education, health, infrastructure, public sector management, public/private partnerships, etc. I also include in this category idiosyncratic shocks that are uncorrelated across individuals (e.g., certain types of health shocks), and insurance or lack thereof, on which there is a large literature. What I am focusing on here are country level systemic shocks. And my concern is protection of the poor in the face of these shocks...
View Working Paper 235 (PDF FORMAT)


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