Maldives was one of the world’s 20 poorest countries in the early 1980s. Three decades later, its inhabitants enjoy the same levels of gross domestic product (GDP) per capita and human development outcomes as a middle-income country. Over the past 30 years, Maldives has successfully built on its extraordinary natural assets to promote growth and socioeconomic development.
The World Economic and Social Survey 2016 contributes to the debate on the implementation challenges of the 2030 Agenda for Sustainable Development.
While climate change is likely to increase weather risks in many developing countries, there is little evidence on effective policies to facilitate adaptation. This paper presents experimental evidence on a program in rural Nicaragua aimed at improving households' risk-management through income diversification. The intervention targeted agricultural households exposed to weather shocks related to changes in rainfall and temperature patterns. It combined a conditional cash transfer with vocational training or a productive investment grant.