aleksandra posarac. is disability “bankable”? investing in disability yields significant returns...
TRANSCRIPT
Including Disability into Bank’s Operational Work
Aleksandra Posarac
Is Disability “Bankable”? Investing in Disability Yields Significant Returns It generates higher economic returns through more
efficient use of labor force and increased individuals’ and overall productivity
Reduces the social costs. Increased chances for disabled people participation in economic and social life reduce the probability that they will become burdens on social expenditures
Contributes to greater social equity, inclusion and cohesion. Human capital formation, development and maintenance is particularly important for those disabled people who otherwise might not have a chance to break the cycle of poverty, deprivation and social exclusion
Increases efficacy of individual social sector programs. Enables greater labor force participation of other family
members, thus improving the overall family welfare.
Disability and Inclusive DevelopmentPoverty appears to be associated with
disability and disability may exacerbate poverty
MDGs cannot be met without including people with disabilities in school and health services, nor can extreme poverty be halved without improving labor market access to them and extending assistance to households with disabled members in need
Neglecting Disability Comes at Economic and Social Cost1/3 of primary school aged children who are out-
of-school have disabilities or are looking after family members with disabilities
Forgone earnings, fiscal revenues and fiscal cost of support
About 5-7% of world GDP is foregone because of inadequate integration of people with disabilities in the labor market and with lack of social services and accessibility. Family members withdraw from the labor market to meet these needs.
- Interventions that fit countries’ development priorities
- Limited development resources (trade-0ffs)- Prioritization of Bank support/investment- Making disability part of the country based
model if and when consistent with countries’ needs and priorities and resources
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World Bank Country Based Model and Disability
What can we do? ESWPoverty assessmentsVulnerability reportsSectoral reviews, notes and reports CEMsVulnerability reports
What can we do? ProjectsComponents and activities in a range of
projects cutting across many sectorsCost-efficient interventionsAffordable, sustainable and customized
solutions
DO NOT EXCLUDE
Building a knowledge baseKnowledge generationEvidence/dataGood practice examples
Key: How to question