Asia needs social protection systems that boosts resilience against shocks
The following is an opinion piece by Anne-Isabelle Degryse-Blateau, Director of the UNDP Seoul Policy Centre, in the Korea Joongang Daily.
The recent global financial crisis showed how a globalized world brings a globalization of shocks. Solid social protection systems are vital to protect livelihoods and cushion economies against them.
Income poverty has fallen drastically in Asia and the Pacific. Millions of people have benefited from the strong economic gains of the past two decades.
Yet progress has been uneven. Over 900 million people, more than the combined population of North America and Western Europe, still live in extreme poverty and are vulnerable to economic, social and environmental shocks.
Many Asian countries have traditionally relied on family or community based social protection structures. These informal and semi-formal arrangements have two major weaknesses: first, they may collapse or fail under certain circumstances and payouts may be too small. Second, they may not cover all vulnerable groups.
Family and community based systems are now eroding in the face of changing working habits, cultural values, family structures and urbanization. People are being left vulnerable and exposed. They need social safety needs to protect them.
Many countries . So the big questions they face are ‘how do we do it?’ and ‘which model makes sense?’
Asia’s share of over 65’s will rise significantly over the next half century. Pension demands will grow rapidly. Social protection systems tend to get more expensive over time, especially with rapidly aging populations, so another key question is ‘how can we afford it in the short and long term?’.
Each country faces its own unique challenges and will have its own unique answers. Solid cost-benefit and cost-efficiency analysis will help shape decisions.
Senior policy makers from 20 developing countries from different regions are discussing these issues at a Policy Dialogue event in Seoul today that is sponsored by the Ministry of Foreign Affairs and Trade and hosted by the Korea Development Institute and the UNDP Seoul Policy Centre.
The event should contribute to discussions under the G20 and the group’s efforts to share knowledge between nations and achieve resilient growth.
Economic crises and other shocks test social protection systems, exposing limitations and vulnerabilities. With the globalization of such shocks and demographic and societal changes at home, Asia must further develop its social protection systems to boost resilience of its people and economy against the shocks of the future.
Social Protection Policy Dialogue
- We are just ONE Week away from BackToSchool on Monday, September 5th 2016. My target is to sponsor 50 kids BackToSchool, am are happy 25 kids already secured to hit the roads to their schools. You can HELP more kids to go BackToSchool by donating through our website http://www.penjoforeducation.org/get_involved about an hour ago
- Please propagate this EDRI among youth ELECT-DISCUSS-RESOLVE-IMPLEMENT (EDRI): The basic fiber of EDRI of the Youth which are formed on democratic lines following the Values of Election-Resolution-Executing or Implemented by participatory method of electing their own president and executive body. This democratic process at its roots is fostering democratic leadership emerging as awared change harbingers, by acting against exploitation and deprivation yet inculcating in them the new spirit of self confidence for self reliance, by which, availing the fruits of state welfare concepts, schemes, aids, grants and subsidies that are made available by the both centre and state in different forms. Youth club approach is a holistic & integrated approach , youth club has become vulnerable because we never nurtured our movement with required inputs & resources Changing youth trends can be met through YC, wherein we can ensure youth participation ultimate for empowerment --- base is the same, (youth club) but we need to change the objectives, outlook & our strategies based on need analysis B J Prasanna DYC NYK 09 August AT 05:08 AM
- UNDP 서울정책센터에서 2016년 하반기 인턴을 모집합니다!! 지원 마감일은 2016년 8 월 10일 낮 2시 (서울시간)입니다. 세부 사항은 첨부 링크를 참고하시기 바라며, 널리 공유해주시기 바랍니다! https://jobs.undp.org/cj_view_job.cfm?cur_job_id=67611 Call for Internships at United Nations Development Programme - Seoul Policy Centre! Applications are due at 2pm on 10 August 2016 (Seoul time). Please consult the following link for details, and please share widely! https://jobs.undp.org/cj_view_job.cfm?cur_job_id=67611 01 August AT 11:53 AM
- 지난 20일에 종료된 UN 고위급정치포럼 (#HLPF2016) 에서 반기문 사무총장은 첫 SDGs 경과 보고서를 발표했습니다. 동 보고서는 현존하는 데이터를 이용하여 17개 목표에 대한 전 세계 현황을 정확히 평가하고 있습니다. 전체 보고서는 링크를 참고하세요: http://unstats.un.org/sdgs/report/2016/The%20Sustainable%20Development%20Goals%20Report%202016.pdf At the UN High-level Political Forum on Sustainable Development (#HLPF2016) which just ended on 20 July, Secretary-General Ban Ki-moon launched the first-ever progress report on the Sustainable Development Goals. “It provides an accurate evaluation of where the world stands on the 17 Goals, using data currently available,” he said. Read the full report at: http://unstats.un.org/sdgs/report/2016/The%20Sustainable%20Development%20Goals%20Report%202016.pdf 22 July AT 01:44 AM
- "See more posts on"Facebook