Current issues in social security policy

The present chapter is written in response to rising concerns about social security policy in developed and developing countries, as well as in economies in transition. Those concerns relate both to the volume of resources that a population needs to mobilize in order to provide social security and to the instruments by means of which those resources are mobilized. As the proportion of dependent populations in the total increases, the volmne of resources required for their maintenance at any given level of well-being will rise. The current and continuing processes of ageing are of great relevance to these debates, as is the level of benefits. Where Governments pay established levels of benefits irrespective of contributions to those funds, payments on account of social security can be a determining factor in maintaining macroeconomic balance in the economy.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action