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 | GETTING READY FOR THE NEXT CRISIS: EFFECTIVE SYSTEMS FOR MANAGING VOLATILITY |  |
 | Saturday September 24, 2011 11:00 AM - 12:00 PM J1-050 |
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 | Archive video link available at http://www.worldbank.org/pos/
The global food, fuel, and financial crises have underscored the need for
countries to have effective safety nets and social protection approaches
to manage volatility and prevent people from falling into poverty and hunger.
Recent analysis of the crises and continuing food price increases
demonstrates that developing countries with effective social protection
systems already in place were best able to weather the ensuing shocks,
protect human welfare, and jumpstart job creation and economic recovery.
But these systems are missing in many countries - particularly in
low-income countries - with the greatest structural risks as other priorities
often crowd out crisis preparedness.
Key questions addressed included:
- How social protection systems have helped
selected countries manage risk and reduce volatility?
- What are the lessons learned?
- How to build or strengthen these systems
to better prepare for future crises?
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 | | Panelist(s): |  | Sufian Ahmed , Minister of Finance and Economic Development, Ethiopia Cai Fang , Director and Professor, Institute of Population and Labor Economics, Chinese Academy of Social Sciences, People’s Republic of China Victoria Garchitorena , Managing Director, Ayala Corporation, President of Ayala Foundation, Inc. and Philippine Development Foundation, Philippines Rômulo Paes de Sousa , Vice Minister, Social Development and Fight against Hunger, Brazil Geeta Rao Gupta , Deputy Executive Director, UNICEF
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 | | Moderator(s): |  | Tina Rosenberg , Contributing Writer, The New York Times, United States
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 | | Organized by: |  | Carolyn Reynolds, Federica Marzo, and Laura Rawlings, Human Development Network – World Bank Group |
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 | Last modified on: 09/28/2011 05:09:13 PM |  |