Can a temporary financial assistance scheme prevent a transition into poverty among individuals who experienced a life event crisis?. Issue 1 (2nd January 2018)

• Record Type: Journal Article
• Authors: Kim, Chang-O
• Is Part Of: Journal of economic policy reform. Volume 21:Issue 1(2018)
• Page Start: 80
• Page End: 97
• Publication Date: 2018-01-02
• Subjects: poverty transition -- life course uncertainty -- uninsured risk -- policy implementation -- impact evaluation; Economic policy -- Periodicals; Commercial policy -- Periodicals; Monetary policy -- Periodicals; International trade -- Periodicals; Developing countries -- Economic policy -- Periodicals; Former Soviet republics -- Economic policy -- Periodicals; Post-communism -- Periodicals; Policy sciences -- Periodicals; 338.9
• DOI: 10.1080/17487870.2017.1294487
• Languages: English
• ISSNs: 1748-7870

Abstract

Abstract : This article evaluates the impact of the Crisis Assistance Program for Basic Living (CAPBL), which was implemented in South Korea to assist at-risk individuals by providing temporary benefits. National administration data for 30, 845 individuals covering 2009 to 2011 were analyzed to compare poverty transition time in recipients vs. non-recipients using a quasi-experimental design. The results indicate that the CAPBL did not prevent at-risk individuals from transitioning into poverty but, instead, facilitated individuals' transition into welfare recipients. The findings suggest that the program must be fundamentally reformed to prevent individuals from being trapped in poverty.