New CBMS Initiative: Monitoring and Mitigating the Impact on Poverty of the Global Financial and Economic Crisis
Monitoring and Mitigating the Impact of Poverty of the Global Financial and Economic CrisisPEP’s Community-Based Monitoring System’s (CBMS) program is supporting a new initiative entitled “Monitoring and Mitigating the Impact on Poverty of the Global Financial Crisis”. Although the global financial crisis originated in the US and spread to the European Union and some countries in Asia, the developing countries will not escape the adverse consequences. This project, therefore, aims to assess the impact of the crisis on the different dimensions of poverty in selected developing countries in Asia, Africa, Latin America and Oceania. Research teams have been conducting CBMS surveys in selected communities – serving as poverty observatories or sentinel sites – from 7 different countries. Based on the key crisis transmission channels identified in each country, a list of indicators has been monitored to track the impacts of the global crisis, in particular at the local and household levels. Each team has prepared a paper analyzing the results in their respective countries and highlighting policy recommendations to mitigate the negative effects of the crisis. All countries’ results will be consolidated in order to have an indication on the potential global impact of the crisis, as well as to provide suggestions for a coordinated response at regional or international levels. Results of this study are expected to help policymakers in designing social protection programs, as well as in refining program targeting. This initiative was funded by the International Development Research Center (IDRC), the Canadian International Development Agency (CIDA) and the Australian Agency for International Development (AusAID).
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PEP-CBMS Network and PIDS conducts a policy forum on the impact of the global financial crisis last 17 February 2009 PEP-CBMS Network conducts a Technical Workshop for monitoring the impact of the global financial crisis on poverty last 17-19 February 2009 |
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Updates on Country Studies |
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Background
