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Un piso de protección social para preservar la vida: informalidad, pobreza y vulnerabilidad en tiempos de COVID-19

Author

Listed:
  • Roberto Mauricio Sánchez Torres
  • Sergio Chaparro Hernández

Abstract

This paper analyzes the potential impact of COVID-19 and contention measures on poverty in the 13 main cities of Colombia as a result of the paralysis of the informal economy. Drawing on a simulation with data from household surveys (GEIH), it is estimated that, despite current governmental emergency transfers to support households, poverty rate has increased from 18% to 32% and extreme poverty from 4.5% to 16.7%, as a consequence of a suddenly interruption of labor income earning of around 4.1 million informal workers. Based on an estimation of the amount of monetary transfers required to avoid any increasement in poverty, the paper discusses the merits of some policy proposals made by experts, academic institutions and civil society organizations. The article argues for the need to adopt an emergency basic income scheme as the first component of a rights-based social protection floor which should remain in place beyond the public health emergency, as an essential learning from this crisis.

Suggested Citation

  • Roberto Mauricio Sánchez Torres & Sergio Chaparro Hernández, 2020. "Un piso de protección social para preservar la vida: informalidad, pobreza y vulnerabilidad en tiempos de COVID-19," Econógrafos, Escuela de Economía 023736, Universidad Nacional de Colombia, FCE, CID.
    • Handle: RePEc:col:000176:023736
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    File URL: https://fce.unal.edu.co/centro-editorial/index.php/docs/investigaciones-y-productos-cid/35-un-piso-de-proteccion-social-para-preservar-la-vida-informalidad-pobreza-y-vulnerabilidad-en-tiempos-de-covid-19
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    Keywords

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    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J46 - Labor and Demographic Economics - - Particular Labor Markets - - - Informal Labor Market
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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