How developing countries weave social safety nets

Economics 2018-04-12

Summary:

SOUP kitchens serve the needy for free; restaurants serve the hungry for money. In parts of South Asia, eateries near mosques sometimes fall into a third category. They feed the poor sitting patiently outside, whenever a pious or charitable passer-by pays them to do so. Alms-giving of this kind provides one traditional safety net for the destitute in developing countries. But it is, thankfully, not the only one.

According to a new report by the World Bank, developing countries spend an average of 1.5% of GDP on...Continue reading

Link:

https://www.economist.com/news/finance-and-economics/21740412-more-truly-needy-are-being-caught-they-hit-rock-bottom-how-developing?fsrc=rss

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Authors:

The Economist online

Date tagged:

04/12/2018, 17:45

Date published:

04/12/2018, 10:54