Can the Poor Save?

Can the Poor Save?
Author: Mark Schreiner
Publisher: Transaction Publishers
Total Pages: 387
Release: 2011-12-31
Genre: Social Science
ISBN: 0202363112
GET BOOK

Download Can the Poor Save? Book in PDF, Epub and Kindle

Many policymakers argue that the best poverty policy not only provides cash to the poor for subsistence but also incentives and structures that encourage long-term social and economic improvement. As part of this, they make the case for Individual Development Accounts (IDAs), a new policy proposal designed to help the poor save and to build assets. This book explores IDAs to determine their effectiveness. IDAs are matched savings accounts targeted on low-income, low-wealth individuals. Savings in IDAs are used for home ownership, post-secondary education, small business development, and other purposes. Do IDAs work? If they do, for whom? And does how an IDA is designed determine savings outcomes? This volume is the first analysis of matched savings by the poor to use data from monthly bank statements. It comes at a critical time, as debate rages over the merits of individual social security accounts. IDAs also respond to policy that is becoming more asset based and less inclusive of the poor. The authors argue for the efficacy of IDAs to counter this tendency. They find that while savings outcomes vary among participants, no characteristics (such as low income or public assistance) preclude saving. They examine effects of IDA design (the match rate, savings targets, and the use of automatic transfer) on savings results and analyze factors that influence varying rates of saving and spending over time. They conclude that financial education and other support services, though costly, improve savings performance. To address the issue of cost they suggest a two-tier system of IDA design, one with broad access and simple services and the other with targeted access and intensive services. Can the Poor Save? offers a wealth of lessons to those interested in saving and asset accumulation among the poor. It not only breaks new ground in the scientific study of savings behavior, but also offers concrete, evidence-based recommendations to improve policies designed to encourage the poor to save and how to make such policies more inclusive.

Unbreakable

Unbreakable
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 380
Release: 2016-11-24
Genre: Nature
ISBN: 1464810044
GET BOOK

Download Unbreakable Book in PDF, Epub and Kindle

'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.

A Roadmap to Reducing Child Poverty

A Roadmap to Reducing Child Poverty
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 619
Release: 2019-09-16
Genre: Social Science
ISBN: 0309483980
GET BOOK

Download A Roadmap to Reducing Child Poverty Book in PDF, Epub and Kindle

The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.

Confronting Poverty

Confronting Poverty
Author: Susan E. Rice
Publisher: Rowman & Littlefield
Total Pages: 258
Release: 2010-06-01
Genre: Political Science
ISBN: 0815704356
GET BOOK

Download Confronting Poverty Book in PDF, Epub and Kindle

Former Brookings Senior Fellow Susan E. Rice spearheads an investigation of the connections between poverty and fragile states and the implications for American security. Coedited by Rice and former Brookings colleagues Corinne Graff and Carlos Pascual, Confronting Poverty is a timely reminder that alleviating global poverty and shoring up weak states are not only humanitarian and economic imperatives, but key components of a more balanced and sustainable U.S. national security strategy. Rice elucidates the relationship between poverty, state weakness, and transnational security threats, and Graff and Pascual offer policy recommendations. The book's overarching conclusions highlight the need to invest in poverty alleviation and capacity building in weak states in order to break the vicious cycle of poverty, fragility, and transnational threats. Confronting Poverty grows out of a project on global poverty and U.S. national security that Rice directed at Brookings from 2002 through January 2009, before she became U.S. permanent representative to the United Nations.

Poor's

Poor's
Author:
Publisher:
Total Pages: 1868
Release: 1925
Genre: Public utilities
ISBN:
GET BOOK

Download Poor's Book in PDF, Epub and Kindle

Assets and the Poor

Assets and the Poor
Author: Michael Sherraden
Publisher: Routledge
Total Pages: 309
Release: 2016-09-16
Genre: History
ISBN: 1315288354
GET BOOK

Download Assets and the Poor Book in PDF, Epub and Kindle

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.

Poor-bashing

Poor-bashing
Author: Jean Swanson
Publisher: Between The Lines
Total Pages: 216
Release: 2001
Genre: Discrimination
ISBN: 189635744X
GET BOOK

Download Poor-bashing Book in PDF, Epub and Kindle

The special language of poor-bashing disguises the real causes of poverty, hurts and excludes people who are poor, cheapens the labour of people who have jobs, and takes the pressure off the rich. Swanson, a twenty-five year veteran of anti-poverty work, exposes the ideology of poor-bashing in a clear, forceful style. She examines how media "poornography" operates when reporters cover poverty stories. She also reveals how government and corporate clients use poor-bashing focus groups. To make the book even more useful Swanson includes key chapters on the history of poor-bashing.

Building Security for the Poor

Building Security for the Poor
Author: United Nations Development Programme. Regional Centre in Colombo. Human Development Unit
Publisher: UN
Total Pages: 140
Release: 2007
Genre: Business & Economics
ISBN:
GET BOOK

Download Building Security for the Poor Book in PDF, Epub and Kindle

Reducing poverty requires not just the generation of income among the poor, but also the protection of these incomes. Microinsurance offers innovative new ways to combat poverty in India through helping the rural poor systematically manage financial risks to their livelihoods and lives. The microinsurance industry is poised to take off, just as microcredit did a decade ago: 90 percent of the Indian population some 950 million people are not covered by insurance and represent an untapped market of nearly US$2 billion. This enormous missing market is ready for customized life and non-life insurance, but first, serious mismatches between the needs of the insured and the insurers must be overcome, pitting priorities against profits. This study strategically points to the numerous emerging opportunities for energising the rural insurance market, building on robust economic growth, increasing numbers of rural entrepreneurs and recent insurance regulations. Conclusions are based on new evidence from three states in India each with a population the size of some countries which also has policy relevance across the Asia-Pacific region and beyond. The study presents recommendations to realise the potential of this latent market.

Security and Development

Security and Development
Author: Robert Picciotto
Publisher: Routledge
Total Pages: 400
Release: 2013-10-28
Genre: History
ISBN: 1317999053
GET BOOK

Download Security and Development Book in PDF, Epub and Kindle

The new contributions in this book, by acknowledged leaders in the field, examine the delivery of effective aid under fire, and securing the peace in environments where governance is fragile. They bridge the cultural divide between the security and development professions at a time of unprecedented global economic integration, geopolitical turbulence, and novel threats to international peace and security. More than a billion people live in countries where governance is weak, poverty is rampant, and economies are depressed. Failed and frail states provide ideal breeding grounds for civil strife, criminality, and "new wars" that target civilians, use children as combatants, and commit massive human rights violations. The new security risks loom within national borders, while the capacity of the international community to intervene 'behind borders' remains inadequate. Policy making for security still relies heavily on military responses. Yet military responses cannot address, and may even worsen, the social and cultural antecedents of civil strife and social resentment. Similarly, development aid policy and practice are poorly adapted to the new realities of frail governance and insecure operating environments in aid recipient countries. This book was previously published as a special issue of the leading journal Conflict, Security and Development.