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Balancing Protection and Opportunity: A Strategy for Social Protection in Transition Economies
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May, 2000
The Transition from planned to market economies has created unprecedented opportunities and challenges for countries in Eastern Europe and Central Asia. With the disappearance of guaranteed employment and retirement security, individuals have had to deal with income uncertainty and cope with poverty. In response to the changing environment, most transition economies have tried to develop new social protection systems or adapt old systems to emerging welfare needs and fiscal realities.
This paper reviews the experience of the transition economies in the area of social protection in the past decade.
It proposes a social protection strategy for transition economies, built upon a conceptual framework of social risk management. It focuses on the three building blocks of the social protection system : labor markets, pensions, and social assistance.
While the strategy identifies common objectives of the social protection programs, it recognizes distinct patterns in economic growth and social protection policies, and characterizes these policies broadly into two groups: European and Eurasian economies.
The paper also discusses the experiences and lessons learned from the World Bank's involvement, including the sequencing and combination of sector studies and various lending instruments.
It will serve as a guideline for assistance to be provided by the World Bank in future social protection reforms.
Improving Safety Nets Vital to Make Globalization Work - More on the World Bank Social Protection StrategyTo Order : Click HereTo Download : Use the free Adobe Acrobat Reader.To Download Full Report : Balancing Protection and Opportunity: A Strategy for Social Protection in Transition Economies (631K)To Download by Section : |  |
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