Limited Safety Net

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Limited Safety Net

A social safety net that assists a narrower range of persons than other social safety nets. For example, a limited safety net may only provide nutritional assistance to children and not to impoverished adults. Proponents of limited safety nets argue that safety nets drag on an economy and that restricting eligibility spurs job creation and innovation. Critics maintain that limiting the safety net harms the most vulnerable members of society.
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They also have limited safety nets or insurance mechanisms to help them cope with climate change-related shocks, such as failed harvests linked to changing weather patterns and loss or damage linked to weather extremes, he added.