Strengthening the capacities of Asia and the Pacific to protect workers against unemployment

John Carter
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John Carter: Macroeconomic Policy and Financing for Development Division, ESCAP

No WP/16/01, MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: This report provides an overview of the various existing and proposed unemployment protection schemes in Asia. These schemes play a key role for women and men of working age by stabilizing their incomes in the event of unemployment. All unemployment insurance schemes are unique and have different characteristics in the design of diverse elements. There is a wide selection of features to be considered before implementing an unemployment insurance scheme. There is a need for stakeholders in each specific country to develop their own design based on national priorities, their national economy, labour market and unemployment. It is strongly recommended that developing countries conduct actuarial evaluations at regular intervals to measure the effectiveness and efficiency of their unemployment protection schemes and identify any deficiencies.

Date: 2016-02
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