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Social protection: A key instrument for social, economic and political development

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  • Loewe, Markus

Abstract

Social protection can be defined as "policies and actions which enhance the capacity of poor and vulnerable people to escape from poverty and enable them to better manage risks and shocks" (OECD/DAC 2009, 10). The term would thus include social insurance, social transfers and minimum labour standards, but for many experts also micro-insurance, commercial insurance and savings plans, traditional solidarity networks and group-based risk prevention instruments.

Suggested Citation

  • Loewe, Markus, 2016. "Social protection: A key instrument for social, economic and political development," PEGNet Policy Briefs 7/2016, PEGNet - Poverty Reduction, Equity and Growth Network, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:pegnpb:72016
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    References listed on IDEAS

    as
    1. Esther Gehrke, 2019. "An Employment Guarantee as Risk Insurance? Assessing the Effects of the NREGS on Agricultural Production Decisions," The World Bank Economic Review, World Bank, vol. 33(2), pages 413-435.
    2. Loewe, Markus, 2010. "New approaches to social protection: microinsurance," Briefing Papers 8/2010, German Institute of Development and Sustainability (IDOS).
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