Government intervention need for social security improvement in the Democratic Republic of the Congo: A theoretical analysis using the principal-agent model

Didier Mumpambala Luzolo

No wp-2016-165, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: African populations need better support through social protection mechanisms. Among those who need social security are millions of older people who, having worked all their lives in the formal sector, are in precarious situations with lower benefits. This study aims to appreciate theoretically, using the principal-agent model, the need for government intervention as a way to improve social security in Democratic Republic of the Congo.

Keywords: Social security; Pensions; Contracts; Principal-agent model (search for similar items in EconPapers)
Date: 2016
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