{
  "title": "Strengthening Income Stabilization through Social Protection in Emerging and Developing Economies: The Brazilian Experience",
  "publication": "IMF Working Papers, March 8, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2024/03/08/strengthening-income-stabilization-through-social-protection-in-emerging-and-developing-545498",
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  "summary": "Social protection programs are crucial for stabilizing household income, especially during crises. Brazil's response to the pandemic, the Auxilio Emergencial (AE) program, demonstrated the value of a resilient social safety net and digital tools.",
  "sections": [
    {
      "heading": "Study overview",
      "content": "- Authors: Fernanda Brollo, Gabriel Lara Ibarra, Ricardo Campante Vale\n- Publication: IMF Working Papers 2024, 052 (Issue 052)\n- Date: March 8, 2024\n- Pages: 27\n- Volume: 2024\n- DOI: https://doi.org/10.5089/9798400266980.001\n- Stock No: WPIEA2024052\n- ISBN: 9798400266980\n- ISSN: 1018-5941"
    },
    {
      "heading": "Purpose and scope",
      "content": "- Assess the Auxilio Emergencial (AE) program's effectiveness in:\n  - Income stabilization during the COVID-19 pandemic\n  - Poverty reduction\n  - Inequality mitigation\n- Evaluate the role of Brazil's pre-pandemic social protection system and digital tools in the crisis response."
    },
    {
      "heading": "Key findings",
      "content": "- The pre-pandemic social protection system would have only buffered about a quarter of income loss.\n- Unemployment insurance played a more significant stabilizing role for higher-income households.\n- Social safety net transfers were crucial for lower-income households, especially those in informal employment.\n- AE successfully supported lower-income households during the pandemic.\n- AE's generosity exceeded the stabilization of income, resulting in large fiscal costs."
    },
    {
      "heading": "Themes and implications",
      "content": "- Social protection programs are crucial for stabilizing household income, especially during crises.\n- A resilient social safety net and digital tools enhance crisis response capacity.\n- Targeting mechanisms and program design matter for the distributional impact across income groups and for fiscal costs.\n\nSource: IMF Working Paper — Strengthening Income Stabilization through Social Protection in Emerging and Developing Economies: The Brazilian Experience (March 8, 2024).\n\n---\n\n Content in this bundle\n\n- Working Paper\n  - Working Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Working Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2024/03/08/strengthening-income-stabilization-through-social-protection-in-emerging-and-developing-545498"
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    "Authors: Fernanda Brollo, Gabriel Lara Ibarra, Ricardo Campante Vale",
    "Published: March 8, 2024",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9798400266980.001",
    "Authors: Fernanda Brollo, Gabriel Lara Ibarra, Ricardo Campante Vale",
    "Publication: IMF Working Papers 2024, 052 (Issue 052)",
    "Date: March 8, 2024",
    "Pages: 27",
    "Volume: 2024",
    "DOI: https://doi.org/10.5089/9798400266980.001",
    "Stock No: WPIEA2024052",
    "ISBN: 9798400266980",
    "ISSN: 1018-5941",
    "Assess the Auxilio Emergencial (AE) program's effectiveness in:",
    "Evaluate the role of Brazil's pre-pandemic social protection system and digital tools in the crisis response.",
    "The pre-pandemic social protection system would have only buffered about a quarter of income loss.",
    "Unemployment insurance played a more significant stabilizing role for higher-income households.",
    "Social safety net transfers were crucial for lower-income households, especially those in informal employment.",
    "AE successfully supported lower-income households during the pandemic.",
    "AE's generosity exceeded the stabilization of income, resulting in large fiscal costs.",
    "Social protection programs are crucial for stabilizing household income, especially during crises.",
    "A resilient social safety net and digital tools enhance crisis response capacity.",
    "Targeting mechanisms and program design matter for the distributional impact across income groups and for fiscal costs.",
    "**Working Paper**"
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