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 nega...

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Autores principales: Matias Busso, Juanita Camacho, Julián Messina, Guadalupe Montenegro
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Lenguaje:EN
Publicado: Public Library of Science (PLoS) 2021
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Acceso en línea:https://doaj.org/article/6e84c82bfbc947fab0a50df12b615db9
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spelling oai:doaj.org-article:6e84c82bfbc947fab0a50df12b615db92021-11-11T07:14:38ZSocial protection and informality in Latin America during the COVID-19 pandemic1932-6203https://doaj.org/article/6e84c82bfbc947fab0a50df12b615db92021-01-01T00:00:00Zhttps://www.ncbi.nlm.nih.gov/pmc/articles/PMC8568185/?tool=EBIhttps://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 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle 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/6e84c82bfbc947fab0a50df12b615db9
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AT guadalupemontenegro socialprotectionandinformalityinlatinamericaduringthecovid19pandemic
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