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Changing the development policy paradigm. Investing in a social security floor for all.

International Social Security Review, International Social Security Association, Volume 60 Issue 2-3, Pages 169 - 196

  • English
Cichon, M.; Hagemejer, K.; ILO
Wiley InterScience http://www.blackwell-synergy.com
2007
0020-871X

Summary (English)

The paper briefly reviews social security coverage that the world has achieved and summarizes economic and social benefits of a national social security system. It then goes on to argue that social security systems are a necessary part of the institutional framework of any effective market economy, creating - among other things - societal cohesion that is needed for long-term economic development. It makes the case that the introduction of basic social protection in developing countries is both a desirable and an affordable investment in their social and economic development. It estimates the global minimum investment cost to provide basic social security and finally suggests international instruments to introduce a global social security floor.

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Article
27.03.2012