Social Protection Policy

Elbert N. EllisOperations Officer, Social Analyst

Social Sector Division, Caribbean Development Bank

September 26, 2013

Presented by:

Third Caribbean Workshopon Social Protection and International CooperationInter-American Social Protection Network (IASPN)

September 26-27, 2013Hilton Hotel, Barbados

Presentation Structure

Social Protection – CDB’s Perspective

Why CDB’s Interest in Social Protection?

CDB’s Approach to Social Protection

Poverty Reduction and Social Protection Policy (PRSPP)

Operationalising PRSPP

Support to Strengthen Social Protection Programme

Borrowing Member Countries’ (BMCs) input to Strengthen Social Protection Programmes

Social ProtectionCDB’s Perspective

“All interventions from public, private, voluntary organisations and social networks, to support

communities, households, and individuals, in their efforts to prevent, manage, and overcome a

defined set of risks and vulnerabilities”

Definition argues that:

Vulnerability is the critical factor threatening living standards and well-being of households and communities and a major factor in poverty and deprivation.

Why CDB’s Interest in Social Protection?

MultipleVulnerabilit

yimpacts onBMCs basedon research

findings

High incidence of vulnerability to macroeconomic conditions and

natural hazards.

High percentage of workers employed in the informal sector

not covered by formal social

protection instruments (such as

social insurance or pensions plans).

Livelihood insecurity and high levels of

poverty in BMCs.

Programme targeting is poor and

instruments are missing in key areas.

Social protection for human development shows large gaps in

coverage.

Why CDB’s Interest in Social Protection (cont’d.)

Levels of poverty and inequality are criticalvulnerabilities in BMCs.

Profile of the PoorProfile of the Poor

Low human capital base (low levels of education and skills).

Poor housing conditions with issues of overcrowding.

Limited access to potable water.

High incidence of malnutrition among children in poor households.

Increasing incidence of the working poor.

High levels of employment in informal sector.

Bank’s Approach to Social Protection

Develop social protection as an integral part of

BMCs development strategies. Investments in

education as a vehicle to reducing

current and intergenerational

poverty.

Maximise the contribution social

protection can make to economic

and social development and

foster gender equality.

Encourage BMCs to invest in social protection programmes as a

means of reducing poverty.

Encourage improvements in fiscal

management at the country level and cooperation at the

regional level (to strengthen macroeconomic frameworks to promote gender-sensitive poverty reduction and

inclusive growth).

CDB’s Poverty Reduction and

Social Protection

Policy (PRSPP)

CDB’s PRSPP

Social Protection will be incorporated into the Bank’s Poverty Reduction Policy building on the strategic levers of Capability Enhancement, Vulnerability Reduction and Good Governance.

Strengthening social protection systems intended to reduce the adverse vulnerability impact on growth and development Reducing vulnerability to natural hazards and improving mitigation.

Targeting social protection programmes.

Strengthening evidence-based social protection; data analysis, discussion and dissemination.

Strengthening Managing for Development Results (MfDR) Framework.

Enhancing monitoring and evaluation.

Sustaining development partnerships for social development financing.

KEY

CO

MP

ON

EN

TS

Operationalisation of PRSPP

Central Beneficiaries Registry and

MIS

CPAs

GPRS

CGAs

CSPs

PBLs

Capital Projects

BNTF

CTCS

M&EWithin MfDR

Framework

Social Policy FrameworkClimate

Change

Disaster Risk Management

CDB’s SP Policy

OPERATIONALISED WITHIN THE CONTEXT OF GENDER-RESPONSIVEPOVERTY REDUCTION AND INCLUSIVE-GROWTH

Borrowing Member Input to support PRSPP

Comments on proposed PRSPP.

Priority areas for CDB’s support.

Institutional capacity to implement social protection interventions.

Status of good governance framework.

Socio-political context for development.

Thank you!

Questions and comments?