By P. Townsend
This booklet builds the case for a complete social defense approach to be constructed in all international locations – to get rid of determined stipulations of poverty, opposite growing to be inequality and maintain fiscal progress. It provides the history of the wealthy nations in assembly poverty and exhibits how the suggestions within the terrible international locations could be drastically more suitable.
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Additional resources for Building Decent Societies: Rethinking the Role of Social Security in Development
It is specifically proposed as a bridge between social assistance cash transfers and private provision from the occupational and individual retirement funding industry which is beyond the financial reach of many workers and citizens. This will be a major step towards a more comprehensive scheme – but many will still fall outside it. The author suggests that a voluntary scheme aimed at informal workers, such as that introduced successfully in Costa Rica, would extend the coverage. In calling attention to the urgency of rapidly improving the social security system the author emphasizes the importance of combining action on cash transfers with action on housing and social services such as health, education 22 Building Decent Societies and welfare.
From the point of view of mathematical logic the neo-classical trade-off between equity and efficiency does not hold true. 3. There is no strict limit for national social expenditure depending on the level of economic development. e. that certain countries cannot afford more than a certain level of expenditure at a given state of economic performance. Most of such general arguments appear unfounded. The authors find that at any given level of GDP per capita there is a wide range of social expenditure between different countries.
Affordability was demonstrable, as the models applied in detail in the chapter showed. This path of development could be achieved by the joint efforts of low-income countries themselves (reallocating existing resources and raising new ones) and of the international donor community (having to refocus grants providing the direct finance of social protection benefits, strengthening administrative and delivery capacity of the relevant institutions nationally and locally, and providing technical advice and support.