Now that extreme global poverty has an expiration date, we can begin to think more closely about the methods that are helping us achieve this momentous goal. While some of them may seem obvious, such as providing better education and increased numbers of job opportunities, others are not so obvious. One of these methods is the idea of social safety nets.
Social safety nets are programs that help the poorest and most vulnerable people stay out of extreme poverty. These are the people who teeter on the edge of poverty and could fall back into their old lifestyle quickly if not helped. The programs help cushion them from unexpected crises, such as if a family member gets sick or their crops are destroyed in a natural disaster.
These social safety nets come in many forms and from many places. They can be in the form of cash, food, healthcare, or schooling, and they can come from the state, donors, or the private sector. The programs can also be altered to fit the particular needs of the country, and are not limited to countries with certain income levels. Also, increased technology is helping spread the rate at which people receive help from the programs, as well as allowing the aid to go to the people who need it most, therefore increasing its efficiency.
Social safety nets are one of the most important factors that can help not only eradicate extreme poverty but also make sure it’s gone for good.
– Katie Brockman
Source: The Guardian