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Towards Social Security Systems in Japan Lessons for India

Sib Ranjan, Misra and Jaydev, Misra (2009): Towards Social Security Systems in Japan Lessons for India. Published in: Reitaku International Journal of Economic Studies , Vol. Vo - 1, No. Sptember, 2009 (September 2009): pp. 147-166.

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Abstract

Japan has to restructure its social security systems fromtime to time for different reasons like a far more rapid aging of population , the slow down of long term economic growth and deteriorating equity in the inter-generational transfer of welfare .But even then, the basic elements remain the same .It si pertinent to see how and to whar extent japan’s social security systems could be translated in the case of India. As apreliminary analysis ,in section One, attempt has been made to summarize the distinctive features of social security systems in Japan.Section Two dwells upon the nature and problems of the social security systems in India. An endeavour has been made in Section three to articulate on the lessons for India. Final Section Four concludes and summarizes the main findings.It has ben observed that there are certain experiences that India can learn ,amongothers, the careful application of universal social security systems, the role of insurance policies,private-public synergies ,the role of the government and governance, the importance attached to social capital.

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