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Social protection, redistribution and economic growth

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  • David Piachaud

Abstract

Social protection has conventionally been associated with redistribution and equity. This paper examines the effects of different types of social protection on economic growth. It looks at the possible effects on human capital formation, on physical investment and innovation, on the local economy and on the macroeconomy, discusses these effects in theory and reviews empirical evidence of such effects. It considers the widely varying impacts that different types of social protection can have on the distribution of incomes and on economic growth. The paper concludes that, in analysing, assessing and planning social protection, it is crucially important to consider the potential drawbacks -- and the benefits.

Suggested Citation

  • David Piachaud, 2013. "Social protection, redistribution and economic growth," Development Southern Africa, Taylor & Francis Journals, vol. 30(1), pages 24-38, March.
    • Handle: RePEc:taf:deveza:v:30:y:2013:i:1:p:24-38
    DOI: 10.1080/0376835X.2012.756101
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    Cited by:

    1. Imane Helmy & Christian Richter & Khalid Siddig & Hebatallah Ghoneim, 2018. "A Comparison of the Economics Impacts of Conditional and Unconditional Cash Transfers in Egypt," Working Papers 50, The German University in Cairo, Faculty of Management Technology.
    2. Alessandro Crociata & Massimiliano Agovino & Donatella Furia & Giacomo Osmi & Nicola Mattoscio & Massimiliano Cerciello, 2020. "Impulse and time persistence of disaggregate welfare expenditure on growth in the EU," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(1), pages 13-38, April.
    3. Pedro Bação & Marta Simões, 0. "Is the Welfare State Relevant for Economic Growth? Evidence for Portugal," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 0, pages 1-27.
    4. Marta Simões & Adelaide Duarte & João Sousa Andrade, 2014. "Assessing the Impact of the Welfare State on Economic Growth: A Survey of Recent Developments," GEMF Working Papers 2014-20, GEMF, Faculty of Economics, University of Coimbra.
    5. Marta Simões & Adelaide Duarte & João Sousa Andrade, 2014. "Assessing the Impact of the Welfare State on Economic Growth: A Survey of Recent Developments," GEMF Working Papers 2014-20, GEMF, Faculty of Economics, University of Coimbra.
    6. Jawad, Rana, 2019. "A new era for social protection analysis in LMICs? A critical social policy perspective from the Middle East and North Africa region (MENA)," World Development, Elsevier, vol. 123(C), pages 1-1.
    7. Adelaide Duarte & Marta Simões & João Sousa Andrade, 2014. "Estado Social, Quantis, Não-Linearidades e Desempenho Económico: Uma Avaliação Empírica," GEMF Working Papers 2014-21, GEMF, Faculty of Economics, University of Coimbra.
    8. Gassmann, Franziska & Mohnen, Pierre & Vinci, Vincenzo, 2016. "Institutional factors and people's preferences in social protection," MERIT Working Papers 2016-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Shazia Kousar & Farhan Ahmed & Muhammad Afzal & Juan E. Trinidad Segovia, 2023. "Is government spending in the education and health sector necessary for human capital development?," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-11, December.
    10. Monica Raileanu Szeles & Ileana Tache, 2016. "The Role of Education in Stimulating Economic Development in the Framework of Europe 2020 Strategy: Evidence from South-Eastern Europe," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 54-69.
    11. Pedro Bação & Marta Simões, 2020. "Is the Welfare State Relevant for Economic Growth? Evidence for Portugal," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(3), pages 494-520, September.

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