3.2.14 - RT 14: Use of data and microsimulations to inform the response and recovery
The Round-tables allowed organisations working in the field of social protection to propose their topics of interest and engage in an open discussion with experts, while also involving the audience. In these virtual round-tables, current pressing topics derived from experiences with the COVID-19 crisis were discussed by selected experts with a focus on the future of social protection.
It is estimated that in LAC countries COVID-19 can take us back 15 years in the proggress towards poverty reduction. However, it is promising to see the rapid and comprehensive response that governments from the region have implemented to mitigate the effects of the socioeconomic crisis. This round-table gave an insight into how microsimulations can be used to generate evidence on the possible offsetting effect that social protection can have over the estimated increase in monetary poverty. The microsimulations allow us to consider scenarios in terms of confinement measures (and their impact on jobs, income and poverty) as well as different social protection responses and could be an interesting forecasting tool for policy makers.
One of the examples presented in this session was that of St Lucia, where the microsimulation model is available to the public, so anyone can use and run different analyses and scenarios based on their own assumptions: Link
Speakers: Jairo Núñez Méndez, Pablo Lavado, Roberto Angulo, Melten Aran
Moderator: Monica Rubio
Resource shared via chat during this session: