Introducing Safety Nets · SNs are arrangements that help to prevent disaster (if something goes wrong e.g. financial safety nets) and other socio-economic threats on vulnerable population and to prevent them from falling into poverty. · Programs like Food Stamps in the US can be cited as a measure for helping unemployed and vulnerable people in meeting their basic needs during hard times. · SNs are thus part of a broader poverty reduction strategy interacting with and working alongside of social insurance, health, education and financial services; the provision of utilities and roads; and other policies aimed at reducing poverty and managing risk. · Example-consider a poor family or a household that just purchased its first cow after months of savings. In case there is a famine, a SN...
If there is a will there is the way...