Social security, economic growth and poverty
Frank A. G. Den Butter, Udo Kock
Abstract
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Frank A. G. Den Butter, Udo Kock
Abstract
Open-access reader
This paper provides a review of the economic literature on social security systems and of practical experiences with building social security institutions.The focus is on the design of the institutions, and on the complicated relation between social security, economic welfare and economic growth at the macro-level.The aim of this review is to provide lessons for building social security schemes in developing countries, and more specifically in East Asian countries, which experience a relatively fast catch-up with the industrialized world.
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This paper provides a review of the economic literature on social security systems and of practical experiences with building social security institutions.The focus is on the design of the institutions, and on the complicated relation between social security, economic welfare and economic growth at the macro-level.The aim of this review is to provide lessons for building social security schemes in developing countries, and more specifically in East Asian countries, which experience a relatively fast catch-up with the industrialized world.
Key concepts: Poverty, Social security, Economic security, Economics, Development economics, Economic growth, Market economy