There have been deficiencies in the allocation and use of those resources and, despite the considerable achievements in the coverage of social spending, there have been no advances in the quality of benefits. These together represent four of the five percentage points of GDP by which overall social spending has risen. In particular, the region has developed and extended transfer programmes designed to fight poverty, although their magnitude is not yet sufficient to cover all needs (see section II.D). This reflects the lack of macroeconomic policies that make it possible to deploy policies to offset social risks in times of crisis, as highlighted in the Social Panorama of Latin America 2007.