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Research  
Research Activity  
Incomes, Welfare and Poverty 
International Trade and Finance 
Macroeconomic Forecasting 
Micro Economics 
Public Sector Reforms 
 
 
Project

Details

Risk Vulnerability and Social Risk Management
Client  Botswana
Start Date  03 August 2009
End Date  14 September 2009
Project Lead   Tebogo B. Seleka
Detail

 

Botswana has adopted broad-based economic growth as a strategy for poverty reduction. However, various Social Safety Nets (SSNs) have been introduced to assist the very poor and vulnerable groups out of poverty. Publicly provided SSNs can be classified as coping strategies, since they are ex-post interventions addressing the negative impacts of risk after its occurrence. However, adequate risk management has to also include, ex ante risk prevention and mitigation strategies to prevent the occurrence of risk or mitigate its negative impacts once it occurs. Thus, a social risk management framework, which includes both ex ante and ex post risk management strategies, and considers informal, private and public risk management instruments, has to be put in place to adequately deal with risk and vulnerability to poverty. The objective of this research is to determine the extent to which both ex ante and ex post risk management strategies and the various risk management arrangements are used, and to recommend ways of improving the situation to improve social risk management.


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