New CBMS Initiative: Monitoring and Mitigating the Impact on Poverty of the Global Financial and Economic Crisis

The CBMS Network 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 poverty in selected developing countries in Asia, Africa, Latin America and Oceania. The project site in each country would serve as poverty observatories or sentinels for monitoring the impact of the crisis. The impact at the household and community level will be analyzed using data on the different dimensions of poverty obtained from community-based monitoring systems being implemented in these countries. Results of this study are expected to help policymakers in designing the necessary social protection programs, as well as in refining program targeting.
This work is being carried out with the aid of a grant from the International Development Research Centre (IDRC)-Canada, the Canadian International Development Agency (CIDA), and the Australian Agency for International Development (AusAID).  This initiative is being implemented by the PEP-CBMS Network in collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).
More information here

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