Global Fund for Social Protection: an idea whose time has come

The pandemic has highlighted the fragility of social protection, especially in the developing world. A new global fund is needed—and it’s affordable.

The Covid-19 pandemic and the workplace closures adopted by governments to limit the spread of the virus have imposed an unprecedented ‘stress test’ on social-protection systems across the world. Hours worked worldwide decreased by 10.7 per cent worldwide in the second quarter, potentially translating into the loss of 305 million jobs.

Reat the article by Olivier de Schutter