The recent social, ecological and economic crises have not only revealed the gaps in social protection systems across the world, but also drawn global attention to the ways in which international financial architectures have failed to support the development of universal social protection systems and floors. Within this context, this paper examines the idea of a global fund for
social protection (GFSP) which has emerged as a potential solution to these structural failings.
By drawing on the experiences of seven global funds across the health, climate, and agriculture
sectors, the aim of this working paper is to identify key lessons that can guide the possible implementation of a prospective GFSP. Through a careful analysis of the governance structures,
norms and standards of these funds, the paper makes certain recommendations to be taken
into consideration if a GFSP is to be developed and implemented in the future.
Tag: social protection (page 2 of 3)
Governments and international financial institutions should make a commitment to create social security systems that enable everyone to realize their rights, 43 human rights and economic justice organizations said today. Governments and financial institutions should end policies that have been failing millions of people.
The groups sent a joint statement to the World Bank and International Monetary Fund in advance of the 2023 annual meetings of both institutions in Marrakesh, Morocco, from October 9 to 15, 2023.
The Human Rights Council of the UN just published the Report of the Expert Mechanism on the Right to Development.
An interesting document with new arguments for defending and promoting not only ‘social protection’ but a new perspective on ‘development’.
“Inequality, social protection and the right to development” (A/HRC/54/83)
This new paper from Stephen Kidd, Nayha Mansoor and Angela Barca explains how universal social security can be achieved, in spite of government fiscal constraints.
In a collaboration with Act Church of Sweden and Action Against Hunger, the study also outlines how schemes could be rolled out in specific countries, and the potential impacts of universal systems.
This question-and-answer document by Development Pathways and Human Rights Watch examines the human right to social security, and how universal social security can help protect people from economic shocks and other emerging threats, including climate-related hazards, while building just societies where all rights are realized. It also explains why policymakers should orient their policies toward establishing universal social security systems and avoid narrowly means-tested programs.
Social security is a human right, dating back to the 1948 Universal Declaration, and enshrined in a range of treaties and constitutions. It is closely linked with the right to an adequate standard of living and other economic, social and cultural rights.
The real goal of billionaire-funded Social Security rhetoric is to prevent the public from drawing a connection between Social Security’s finances, the working-class retirement crisis, and the ludicrous amounts of wealth held by America’s billionaires.
Read this most interesting article
The International Monetary Fund has said that it protects spending on education, health and social protection from cuts in its loan programmes through social spending floors. These measures are a welcome step forward, but are they effective?
Analysis of all 17 IMF loan programmes (Extended Credit Facilities, or ECFs, and Extended Fund Facilities, or EFFs) for low- and middle-income countries during the first two years of the pandemic shows that these floors are deeply inadequate, inconsistent, opaque and failing. They are little more than a fig leaf for harmful austerity, which is driving inequality, poverty and suffering.
Read Oxfam‘s Paper
How, against the same neoliberal background, one tries to make different social policies in Europe …
Radical-right parties are transforming the welfare state, recreating a moral separation between the ‘deserving’ and ‘undeserving’.
The populist-radical-right impact on the welfare state (socialeurope.eu)
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