UNICEF Social Inclusion, Policy and Budgeting

Can Low Income Countries Afford Basic Social Security?

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AUTHOR Social Security Department
ORGANIZATION International Labour Office
TYPE Working Paper
DATE 2008
TOPIC Child-sensitive social protection
LANGUAGE English
ABSTRACT

Social protection is a powerful tool to prevent and alleviate poverty and inequality. Social security systems in many developed market economies reduce poverty and inequality by half or more. There are also a growing number of successful examples regarding the role of social transfers in combating poverty in Africa, Latin America and Asia, delivering much faster results than the ones expected from a trickle-down effect from economic policies. For a low-income country, even a basic social security system can make the difference between achieving or not achieving Millennium Development Goals of halving poverty by 2015.                   
    

 


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