High Quality Content by WIKIPEDIA articles! Social risk management (SRM) is a new conceptual framework assigned and designed by the World Bank. The objective of SRM is to extend the traditional framework of social policy to the non-market based social protection of which its three primary strategies include prevention, mitigation, and coping. It is now well understood that social unrest is positively parallel to the poverty. Assisting individuals, households and communities to elevate living standard above the poverty level will harmonize global economy and strengthen the social security.