Résumé

This policy brief focuses on the central role of social
protection in boosting Nepal’s economic growth in an
inclusive and sustainable way. It aims to summarise the
results, conclusions and recommendations stemming from
the research paper “Multipliers of Social Protection -- Nepal
country case study”.
In addition to the immediate effect of boosting aggregate
demand through increases in household consumption,
investment in social protection is an effective tool for
reducing poverty and inequality, thus enhancing political
stability. Given that income inequality keeps the economy
from functioning at its full capacity, this policy brief argues
that Government investment in social protection can
significantly promote economic growth in Nepal. Income
security reduces child labor and promotes a significant
boost in educational attainment and entrepreneurship.
Social protection generates access to full employment and
decent work conditions for all, including women and young
people. It also provides better access to food and enhanced
nutritional status, and leads to better and more equitable
health outcomes.