Social protection and informality in Latin America during the COVID-19 pandemic.
Latin American governments swiftly implemented income assistance programs to sustain families' livelihoods during COVID-19 stay-at-home orders. This paper analyzes the potential coverage and generosity of these measures and assesses the suitability of current safety nets to deal with unexpected...
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Public Library of Science (PLoS)
2021
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oai:doaj.org-article:0c7e40b47acd415b89e0a2b5b2682e512021-12-02T20:16:25ZSocial protection and informality in Latin America during the COVID-19 pandemic.1932-620310.1371/journal.pone.0259050https://doaj.org/article/0c7e40b47acd415b89e0a2b5b2682e512021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0259050https://doaj.org/toc/1932-6203Latin American governments swiftly implemented income assistance programs to sustain families' livelihoods during COVID-19 stay-at-home orders. This paper analyzes the potential coverage and generosity of these measures and assesses the suitability of current safety nets to deal with unexpected negative income shocks in 10 Latin American countries. The expansion of pre-existing programs (most notably conditional cash transfers and non-contributory pensions) during the COVID-19 crisis was generally insufficient to compensate for the inability to work among the poorest segments of the population. When COVID-19 ad hoc programs are analyzed, the coverage and replacement rates of regular labor income among households in the first quintile of the country's labor income distribution increase substantially. Yet, these programs present substantial coverage challenges among families composed of fundamentally informal workers who are non-poor, but are at a high risk of poverty. These results highlight the limitations of the fragmented nature of social protection systems in the region.Matias BussoJuanita CamachoJulián MessinaGuadalupe MontenegroPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 11, p e0259050 (2021) |
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Medicine R Science Q Matias Busso Juanita Camacho Julián Messina Guadalupe Montenegro Social protection and informality in Latin America during the COVID-19 pandemic. |
description |
Latin American governments swiftly implemented income assistance programs to sustain families' livelihoods during COVID-19 stay-at-home orders. This paper analyzes the potential coverage and generosity of these measures and assesses the suitability of current safety nets to deal with unexpected negative income shocks in 10 Latin American countries. The expansion of pre-existing programs (most notably conditional cash transfers and non-contributory pensions) during the COVID-19 crisis was generally insufficient to compensate for the inability to work among the poorest segments of the population. When COVID-19 ad hoc programs are analyzed, the coverage and replacement rates of regular labor income among households in the first quintile of the country's labor income distribution increase substantially. Yet, these programs present substantial coverage challenges among families composed of fundamentally informal workers who are non-poor, but are at a high risk of poverty. These results highlight the limitations of the fragmented nature of social protection systems in the region. |
format |
article |
author |
Matias Busso Juanita Camacho Julián Messina Guadalupe Montenegro |
author_facet |
Matias Busso Juanita Camacho Julián Messina Guadalupe Montenegro |
author_sort |
Matias Busso |
title |
Social protection and informality in Latin America during the COVID-19 pandemic. |
title_short |
Social protection and informality in Latin America during the COVID-19 pandemic. |
title_full |
Social protection and informality in Latin America during the COVID-19 pandemic. |
title_fullStr |
Social protection and informality in Latin America during the COVID-19 pandemic. |
title_full_unstemmed |
Social protection and informality in Latin America during the COVID-19 pandemic. |
title_sort |
social protection and informality in latin america during the covid-19 pandemic. |
publisher |
Public Library of Science (PLoS) |
publishDate |
2021 |
url |
https://doaj.org/article/0c7e40b47acd415b89e0a2b5b2682e51 |
work_keys_str_mv |
AT matiasbusso socialprotectionandinformalityinlatinamericaduringthecovid19pandemic AT juanitacamacho socialprotectionandinformalityinlatinamericaduringthecovid19pandemic AT julianmessina socialprotectionandinformalityinlatinamericaduringthecovid19pandemic AT guadalupemontenegro socialprotectionandinformalityinlatinamericaduringthecovid19pandemic |
_version_ |
1718374449409949696 |