Social Security Policy Support (SSPS) Programme

An initiative of the Cabinet Division and the General Economics Division (GED) of Bangladesh Planning Commission, Government of Bangladesh

Social Protection Strategies to Address Idiosyncratic and Covariate Risks and Shocks, including Seasonal Poverty, Economic Recession and Natural Disasters

Bangladesh has been ranked as the 5th most risk prone country within the natural disaster category by World Economic Forum. Shocks can be divided into two broad categories based on the rapidity of the shocks. Idiosyncratic shocks (illness, unemployment, etc.) are household specific, while covariate shocks( such as natural disasters) may affect a group of households or the entire community. They contribute to increasing poverty by bringing destitution to previous non-poor and increasing depth of poverty by pushing the poor further below the poverty line.
Objective: The study will accumulate evidence-based analysis on the impacts of various risks and shocks on the livelihood and economic well-being of the poor in Bangladesh and also the coping strategies.It will also evaluate the adequacy of social safety net programmes in meeting the immediate and medium-term needs of the affected community.
A comprehensive literature reviews and consultations with the experts, NGOs and related government officials were conducted, also evidence based study from South East Asian countries was done . It also incorporates evidence from the evaluation reports of various programmes funded donor.

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