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Social Insurance

  • Extending coverage through contributory social insurance or other contributory programs is tempting for governments as a potential avenue for mobilizing new resources and creating new fiscal space. Such extension has clear limits, however: it applies only to those in the labor market who have employment status with high degree of formality and whose incomes are significantly above subsistence level and received regularly. It also requires administrative structures with capacity to regularly register incomes of those covered, and to collect contributions. This chapter analyzes the potential of social insurance (also called contributory social protection) in the 16 Asian countries reviewed in this publication to fill the protection and coverage gaps in income security. It focuses on pensions, but also reviews other benefits temporarily replacing lost labor income due to events such as sickness, maternity, and unemployment. As current labor market structures largely determine the chances of extending coverage through these means, this chapter also examines their characteristics and analyzes coverage by the different forms of social insurance and assesses the potential for extension.

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Metadaten
Document Type:Part of a Book
Language:English
Parent Title (English):Handayani (Ed.): Asia's Fiscal Challenge: Financing the Social Protection Agenda of the Sustainable Development Goals
First Page:186
Last Page:209
ISBN:978-92-9261-290-0
URL:https://www.adb.org/publications/asia-fiscal-challenge-social-protection-agenda
Date of first publication:2018/10/01
Departments, institutes and facilities:Internationales Zentrum für Nachhaltige Entwicklung (IZNE)
Dewey Decimal Classification (DDC):3 Sozialwissenschaften / 36 Soziale Probleme, Sozialdienste / 368 Versicherungen
Entry in this database:2019/04/19