To guarantee at least basic income security and access to essential health care for all in 2020 alone, developing countries should invest approximately US$1.2 trillion – on average 3.8 per cent of their GDP – says a new ILO policy brief. Since the onset of the COVID-19 pandemic the social protection financing gap has increased … Continue reading
Most social protection systems were designed with the archetypical full-time dependent employee in mind . Work patterns deviating from this model – be it self-employment or online ‘gig work ‘ – can lead to coverage gaps. This is not a marginal issue. Across the OECD on average, 16% of all workers are self-employed, and a … Continue reading
In 2011, in EU Member States EUR 3 689 thousand million gross, or 29.0 % of their GDP, were spent on social protection benefits[1]. The income provided by some benefits paid in cash is, however, potentially subject to levies imposed through the fiscal system. The deduction of levies, such as income taxes or social contributions, from the … Continue reading
Labour and social protection institutions are important ingredients of economic growth, quality jobs and human development (Chapter 6). It is not possible to achieve economic diversification without active measures to tackle low product- ivity in agriculture and small and medium-sized enterprise, poor working condi- tion traps and high rates of informality. Sustained, strong growth is … Continue reading
What Are Social Safety Nets? * Social safety nets are non-contributory transfers designed to provide regular and predictable support to targeted poor and vulnerable people. These are also referred to as “social assistance” or “social transfers.” Social safety nets are part of broader social protection systems that may also include measures such as contributory insurance … Continue reading