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Measuring financing gaps in social protection for achieving SDG target 1.3 global estimates and strategies for developing countries

Author

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  • Durán Valverde, Fabio.
  • Pacheco-Jiménez, José F.
  • Muzaffar, Taneem.
  • Elizondo-Barboza, Hazel.

Abstract

The International Labour Organization estimates that in low-income, lower middle-income and middle-income countries, a social protection floor package, excluding health, would cost 2.4 per cent of their GDP on average. However, some of those countries have already established some guarantees of a social protection floor. This study aims to calculate what additional investment would be required to establish a social protection floor in all countries and reach SDG target 1.3 by 2030. It also measures incremental financing needs to illustrate how existing gaps can be closed progressively to achieve 100 per cent coverage by 2030. Finally, it analyses potential sources of financing to create the additional fiscal space needed.

Suggested Citation

  • Durán Valverde, Fabio. & Pacheco-Jiménez, José F. & Muzaffar, Taneem. & Elizondo-Barboza, Hazel., 2019. "Measuring financing gaps in social protection for achieving SDG target 1.3 global estimates and strategies for developing countries," ILO Working Papers 995051092202676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:995051092202676
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    Cited by:

    1. Enrico Nichelatti & Heikki Hiilamo, 2022. "A fiscal approach to the social contract in sub-Saharan African countries: Looking for opportunities to strengthen trust in government and tax compliance by analysing citizens' perception of governanc," WIDER Working Paper Series wp-2022-144, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    social protection.; social security policy.; social security financing.;
    All these keywords.

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