Social Protection and Economic Development - World Bank
1. Social Protection and Economic
Development
Iene Muliati
International Policy Dialogue on Social Protection
Seoul, 2 November 2012
2. Social Protection as Investment in Growth
Social justice and human rights
Basic life necessities
Enhance dignity
Caring, just and prosperous society
Growth with equity
Integrate economic growth and poverty reduction master plans
Ensure poor participate equally in economic growth
Facilitate economic transition
Protect those who lose jobs due to economic transition
Maintain the peace and political support for transition
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3. Social Protection as Investment in Growth
Empower the poor
Greater equality of opportunity for all
Improve access to education, health, infrastructure, public services
Improve access to financial services and credit
Enhance employment opportunities
Mobilize savings of the poor for investment
Create more flexible labor force
Creating quality jobs
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4. Social Protection Tools
Social assistance programs
Protect the poor and vulnerable
Prevent irreversible loss of human capital – links to education and
health outcomes
Rapid response to crises
Social insurance
Basic insurance coverage for workers against shocks
Use pooling power of the central government
Mobilize additional financial resources for health and retirement
Increases labor mobility
Labor market interventions
Public works programs (work-fare)
Skill building and job search
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5. Social Protection Challenges
Targeting
Efficient administration
ID numbers
Contribution collection
Historical records
Maximizing use of technology
Changing demographics
Aging society
Increasing productivity to offset loss of demographic dividend
Government risk management capacity
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