The future of social protection in Latin America in a context of accelerated changes

Bertranou, Fabio and Casali, Pablo and Velasco, Juan Jacobo (2018): The future of social protection in Latin America in a context of accelerated changes.

Abstract

This article discusses the future of social protection in Latin America and the challenges the region faces in the three key performance areas: coverage, sufficiency and sustainability. In particular, the article analyses how coverage is strongly determined by the structure of employment; the limits to expand it given the inability to generate sufficient fiscal space; the consequences of widespread economic and labour informality; the governance deficits; and the acceleration of population aging. It also discusses the increasing need of an adequate combination of contributory and non-contributory social protection provision, as well as the need for a better articulation of social protection systems with the sustainable development framework and its three main spheres: economic, social and environmental. Finally, it is addressed the future of social protection in a context of a growing employment in the services sector, technological change and automation of production and employment; and the relevance of an adequate social protection response to the consequences of climate change and the effects of natural disasters.

• Item Type: MPRA Paper
• Language: English
• Keywords: social protection, social security, employment, future of work, Latin America
• Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions; J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts; J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination; J - Labor and Demographic Economics > J1 - Demographic Economics > J18 - Public Policy; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J26 - Retirement ; Retirement Policies; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J32 - Nonwage Labor Costs and Benefits ; Retirement Plans ; Private Pensions; N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy > N36 - Latin America ; Caribbean

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