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Social grants offer cash, but they aren't a magic bullet response to inequality in the Global South

Submitted by pmassetti on

theconversation.com (16.10.2022) Over the last three decades, there has been a proliferation of social protection programs across the Global South in what some have dubbed a development revolution. International development agencies across the ideological spectrum have embraced social protection as an effective and efficient instrument to reduce poverty and inequality.

Global challenges
Document Type

India: From digitisation to platformisation — how social protection schemes can be made more accessible

Submitted by pmassetti on

theprint.in (31.11.2022) Social Protection Open Digital Ecosystems (SP-ODEs) can provide beneficiaries, government and service providers a unified, digital platform to better access welfare schemes.

Regions / Country
india
Global challenges
Topics
Information and communication technology
Digital Economy Topical Cluster
Business processes
Document Type

Nordic pension funds want to increase climate investments in emerging markets and developing economies

Submitted by pmassetti on

At COP27 in Sharm el-Sheikh, Egypt, the Climate Investment Coalition (CIC), in collaboration with the Nordic Council of Ministers, presented key investor recommendations to bridge the climate finance and investment gap by 2030 towards emerging markets and developing economies. This was made alongside an overview of Nordic pension fund progress within climate and clean energy investments in 2022.

Topics
Pensions
Document Type

Chile's Boric announces plan to end private pension system

Submitted by pmassetti on

Windsor Star (02.11.2022) Chile’s President Gabriel Boric on Wednesday announced his long-awaited plan to reform the country’s controversial private pension system.  In a televised address, Boric said he was planning to end Chile’s Pension Fund Administrators (AFP) system in lieu of a new private-public social security system that would see new contributions from employers and the state. “The AFPs, in this reform, are finished,” Boric said, adding that new private entities would still be allowed to invest pension funds, but there will also be a public alternative.

Regions / Country
chile
Topics
Pensions
Document Type

Singapore Introduces New Healthcare Reform Plan

Submitted by pmassetti on

aseanbriefing.com (21.10.2022) Singapore has recently announced a new healthcare reform plan that will shift the country’s healthcare strategy towards preventive care. The program is called Healthier SG and aims to provide a family physician and one health plan for every resident. The hope is that family doctors will develop strong relationships with their patients and play a more prominent role in preventive healthcare. The change in strategy comes because Singapore is fast becoming an aging society, with one in four residents aged 65 and above by 2030.

Regions / Country
singapore
Global challenges
Topics
Health
Document Type

The COVID-19 crisis showed the future of G2P payments should be digital. Here's why

Submitted by pmassetti on

worldbank.org (03.10.2022) The COVID-19 crisis highlighted how digital public infrastructure (DPI) can play a critical role for governments to deliver social assistance quickly and safely.  DPI not only allowed governments to reach an unprecedented number of new beneficiaries, it also allowed them to make payments to them remotely. This brought millions of people into the social protection and financial system for the first time.

Global challenges
Digital Economy Topical Cluster
Societal Impact
Document Type

Access to Welfare in the Digital Economy in BRICS Countries

Submitted by pmassetti on

vidhilegalpolicy.in (22.09.2022) Many governments now use digital technology for means testing. For instance, the US uses an Income Eligibility Verification System that links several databases to verify beneficiary income. It also uses a Prisoner Verification System linked to prisoners’ databases to exclude prisoners from benefits.

Regions / Country
china
india
brazil
Russian Federation
Digital Economy Topical Cluster
Societal Impact
Document Type

Sustainable finance policy a ‘blind spot’ for European pension funds

Submitted by pmassetti on

Pension Policy International (30.09.2022) Some of Europe’s biggest pension funds are not actively engaged in emerging EU-level sustainable finance policy, according to climate think tank InfluenceMap. As reported by European Pensions, the research, which covered 25 of Europe’s largest pension funds and 10 national pension fund associations, found that only four of the 25 funds and five of the 10 associations showed ‘meaningful engagement’ with sustainable finance policy.

Regions / Country
european union
Topics
Pensions
Document Type

Ireland to increase state pension for those who work beyond 66

Submitted by pmassetti on

SaltWire (20.09.2022) Ireland will offer anyone over 66 a higher state pension the longer they stay in work, sidestepping a recommendation by a government-appointed commission to gradually increase the retirement age to 68 to help fund the ageing population. Under the proposed flexible model agreed by ministers on Tuesday, people will have the option from 2024 to continue working up until the age of 70 in return for a higher pension for each additional year they work.

Regions / Country
ireland
Global challenges
Topics
Old-age pensions
Document Type