Safety Nets for Protection and Promotion

Enable households to make better investment in their future 

Protection Promotion Design eiements required to deiiver benefit 

Base safety net would be permanent may be supplemented in times of covariate shock or with temporary compensatory programs to accompany some reforms 

FOR PROTECTION AND PROMOTION THE DESIGN AND IMPLEMENTAVON OF EFFECTIVE SAFETY NETS 

In the interim, it is probably safe to say that relatively few policy makers or voters fully perceive the efficiency-enhancing role of safety nets, and base their support primarily on the redistributive rationale. This undervaluation of safety nets probably leads to their 

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