Social security finance in developing countries

Douglas J. Puffert

No 36, Policy Research Working Paper Series from The World Bank

Abstract: This paper presents a survey of the financial nature of social security schemes in developing countries, their implications for public sector finance as a whole, and for the process of economic development. Chapter 1 discusses what social security is and in what various ways it is implemented in developing countries. Chapter 2 considers in detail the specific provisions and financing of social security programs in a sample of 41 developing countries. Chapter 3 discusses the implications, including potential dangers, of social security systems for public sector finance generally, and Chapter 4 considers the effects of social security systems on capital and labor markets, and thus on the process of economic development. A final chapter sums up the implications of the analysis for public policy in developing countries and for the research agenda for the World Bank.

Keywords: Pensions&Retirement Systems; Insurance Law; Gender and Law; Governance Indicators; Insurance&Risk Mitigation (search for similar items in EconPapers)
Date: Written
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