Risk Aversion and Cash in the 2011 Somalia famine.
3rd July 2012
Degan Ali, Executive Director of Adeso, spoke on Monday about risk aversion and cash in the 2011 Somalia famine, and hindrances to effective decision-making. Ali joined seven other humanitarian practitioners and academics who took part in a public event organized by the Overseas Development Institute to discuss new learning and issues associated with cash transfer programming.
The event marked the release of Issue 54 of the Humanitarian Exchange Magazine, New Learning in
Cash Transfer Programming, in which Ali authored an article.
“By March 2012, $77 million in cash had been provided directly to beneficiaries in South Central Somalia, making this the largest emergency cash and voucher-based response ever implemented by NGOs anywhere in the world,” explains Ali. “However, as emergency conditions in the region deteriorated into famine in 2011, it took many months for the humanitarian community to employ cash transfers as an alternative to food aid.”
Click here to download the press release