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. 2020 Nov 2;32(5):1558–1591. doi: 10.1057/s41287-020-00328-2

Table 9.

Cost benefit analysis of mitigation interventions and impact on female poverty in Colombia

Mitigation interventions Total cost (millions COP) of current intervention
(A)
Actual poverty reduction of intervention (best and worst cases. pp)
(B)
Cost for a 1 pp poverty reduction (COP billions) (C = A/B) Number of women brought out of poverty
Más Familias en acción 589,506 [0.27; 0.34] [1,749; 2,216] [65,183; 81,189]
Colombia Mayor 205,796 [0.10; 0.12] [1,701; 2,144] [23,098; 32,011]
Jóvenes en acción 67,985 [0.01; 0.02] [3,777; 5,230] [3,446; 4,230]
VAT Refund 374,965 [0.19; 0.22] [1,744; 2,027] [44,719; 60,933]
Solidarity Income 959,796 [0.49; 0.80] [1,194; 1,979] [119,305; 197,768]
Food Baskets UNGR 22,762 [0.02; 0.03] [910; 1,186] [4,942; 7,431]
Early Childhood Feeding Program 108,123 [0.03; 0.05] [2,253; 3,379] [9,757; 12,963]
Credit line 1,000,000 [0.05; 0.07] [13,514; 22,222] [10,948; 19,129]
Payroll subsidy 5,309,077 [0.65; 0.87] [6,077; 8,193] [161,646; 219,254]
Bonus subsidy 381,699 [0.06; 0.11] [3,534; 6,638] [13,682; 26,410]
Suspension of retirement contribution 2,199,447 [0.13; 0.17] [12,728; 17,224] [24,768; 42,779]

Source Authors’ simulations using GEIH 2018

Note pp, “percentage point”; Exchange rate, USD 1.0 = COP 3,746.9