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

摘要: When it comes to aggregate economic shocks, the poor and near-poor often face a double whammy. They are among most adversely affected by shock, suffering from crisis effects that push them their children deeper into poverty. The also least equipped participate in benefit subsequent recovery. In grim twist of irony, very same coping strategies turn to, order survive weather causes for inability recover quickly. This paper reviews emerging evidence on impact global food fuel price volatility 2008-2009, analyzes some key policy responses deployed governments. It finds suggesting once again risk facing To help ensure more inclusive social recovery, governments could follow pro-poor countercyclical strategy preserves spending investments as well uses part these resources develop protection systems. Failure do so risks translating permanent harm children, women families.