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Credit: The BOMA project According to The State of Economic Inclusion (SEI) Report 2021: The Potential to Scale, economic inclusion programming is surging globally, driven by the scale-up of government-led programs that build on social protection, livelihoods and jobs, and financial inclusion interventions. In fact, in the World Bank’s overall COVID-19 response, economic inclusion programs are an essential part of a policy toolkit to mitigate the impacts of the COVID-19 pandemic, ensure food security, and support a medium-term recovery. The survey identified 219 economic inclusion programs in 75 countries reaching over 90 million people, mostly in Sub-Saharan Africa and South Asia. Data from the survey are now available on PEI’s open source Data Portal. The portal consists of a Landscape Dashboard with an overview of active economic inclusion programs, coverage, objectives, target groups, and more (figure 1). A Costing Dashboard and a Program Database are available as ....
Image It is increasingly apparent that the costs of COVID-19 will be borne disproportionately by poorer segments of society, especially in lower income countries. Women, children and displaced populations have been hardest hit. This crisis – more so than other crises before – requires scalable solutions for the world’s poorest. For many countries, this presents unchartered territory. Just over one decade ago, the world was beset by the triple threat of the Food, Fuel and Financial Crisis. Back then, scalable response options for the poorest looked quite different. To a large extent, national social safety net programs were just taking off across low income countries. Concerted efforts to build and restore human capital - i.e. the knowledge, skills and health that people need to realize their potential – were not the central part of recovery efforts. Cross-sector solutions remained a challenge. The evidence base on what works for the poorest lacking. ....
Editor: Canadians have witnessed how devastating COVID-19 is for Canadian families. Our experience pales in comparison to the poorest countries in the ....
Economic inclusion programs, which help boost income and assets of the world’s poorest, are on the rise in 75 countries, reaching approximately 20 million poor and vulnerable households, and benefitting nearly 92 million individuals. This surge comes at a crucial time, as more than 700 million people around the world face extreme poverty, a number on the rise for the first time in two decades. According to the World Bank’s newly published “State of Economic Inclusion (SEI) Report 2020: The Potential to Scale,” economic inclusion programs usually a combination of cash or in-kind transfers, skills training or coaching, access to finance, and links to market support are fast becoming a critical instrument in many governments’ large-scale anti-poverty strategies. And they are likely to continue, especially in areas affected by conflict, climate change, and shocks, due to the COVID-19 pandemic. ....