Inclusive crises, exclusive recoveries, and policies to prevent a double whammy for the poor

• Main Author: Mendoza, Ronald U
• Format: text
• Published: Archīum Ateneo 2010
• Subjects: economic shocks; global economic crisis; food and fuel price volatility; policy responses; social spending; social protection; Economics; Public Affairs, Public Policy and Public Administration
• Online Access: https://archium.ateneo.edu/asog-pubs/133; https://econpapers.repec.org/paper/ucewpaper/1004.htm
• Institution: Ateneo De Manila University

When it comes to aggregate economic shocks, the poor and the near-poor often face a double whammy. They are often among the most adversely affected by the shock, suffering from crisis effects that push them and their children deeper into poverty. The poor and near-poor are also the least equipped to...