Social Protection and Economic

Development

Iene Muliati

International Policy Dialogue on Social Protection

Seoul, 2 November 2012

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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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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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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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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