IDEAS home Printed from https://ideas.repec.org/p/wbk/hdnspu/70925.html
   My bibliography  Save this paper

World Bank support for pensions and social security

Author

Listed:
  • Dorfman, Mark
  • Palacios, Robert

Abstract

Pension and social insurance programs that prevent a substantial loss in consumption resulting from old age, disability, or death are an integral part of any social protection system. The dual objectives of such programs are to allow for the prevention of a sharp decline in income when these life-cycle events take place and protection against poverty in old age. This background paper reviews the World Bank's conceptual framework for the analysis of pension programs and defines the major challenges facing low and middle income countries, namely, coverage, adequacy and sustainability. The paper proposes a broad, forward-looking strategy to help address these challenges.

Suggested Citation

  • Dorfman, Mark & Palacios, Robert, 2012. "World Bank support for pensions and social security," Social Protection Discussion Papers and Notes 70925, The World Bank.
    • Handle: RePEc:wbk:hdnspu:70925
    as

    Download full text from publisher

    File URL: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2012/07/13/000333038_20120713020416/Rendered/PDF/709250NWP0P12600Box370060B00PUBLIC0.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anne T. Kuriakose & Rasmus Heltberg & William Wiseman & Cecilia Costella & Rachel Cipryk & Sabine Cornelius, 2013. "Climate-Responsive Social Protection," Development Policy Review, Overseas Development Institute, vol. 31, pages 19-34, November.
    2. Andrews, Colin & Das, Maitreyi & Elder, John & Ovadiya, Mirey & Zampaglione, Giuseppe, 2012. "Social protection in low income countries and fragile situations : challenges and future directions," Social Protection Discussion Papers and Notes 67607, The World Bank.
    3. Robert Holzmann, 2013. "Global pension systems and their reform: Worldwide drivers, trends and challenges," International Social Security Review, John Wiley & Sons, vol. 66(2), pages 1-29, April.
    4. Bodewig, Christian & Hirshleifer, Sarojini, 2011. "Advancing adult learning in Eastern Europe and Central Asia," Social Protection Discussion Papers and Notes 61290, The World Bank.
    5. Blattman, Christopher & Fiala, Nathan & Martinez, Sebastian, 2011. "Employment generation in rural Africa : mid-term results from an experimental evaluation of the Youth Opportunities Program in Northern Uganda," Social Protection Discussion Papers and Notes 66523, The World Bank.
    6. Holzmann, Robert & Koettl, Johannes, 2011. "Portability of Pension, Health, and Other Social Benefits: Facts, Concepts, Issues," IZA Discussion Papers 5715, Institute of Labor Economics (IZA).
    7. Robalino, David A. & Rawlings, Laura & Walker, Ian, 2012. "Building social protection and labor systems : concepts and operational implications," Social Protection Discussion Papers and Notes 67608, The World Bank.
    8. Werding, Martin & McLennan, Stuart, 2011. "International portability of health-cost coverage : concepts and experience," Social Protection Discussion Papers and Notes 63929, The World Bank.
    9. Andrews, Colin & Galliano, Elena & Turk, Carolyn & Zampaglione, Giuseppe, 2011. "Social safety nets in fragile states : a community-based school feeding program in Togo," Social Protection Discussion Papers and Notes 64631, The World Bank.
    10. Almeida, Rita & Arbelaez, Juliana & Honorati, Maddalena & Kuddo, Arvo & Lohmann, Tanja & Ovadiya, Mirey & Pop, Lucian & Puerta, Maria Laura Sanchez & Weber, Michael, 2012. "Improving access to jobs and earnings opportunities : the role of activation and graduation policies in developing countries," Social Protection Discussion Papers and Notes 67610, The World Bank.
    11. Angel-Urdinola, Diego F. & Tanabe, Kimie, 2012. "Micro-determinants of informal employment in the Middle East and North Africa region," Social Protection Discussion Papers and Notes 66594, The World Bank.
    12. Rawlings, Laura & Honorati, Maddalena & Rubio, Gloria & Domelen, Julie Van, 2011. "Results readiness in social protection and labor operations," Social Protection Discussion Papers and Notes 60084, The World Bank.
    13. Andrews, Colin & Ovadiya, Mirey & Ribes Ros, Christophe & Wodon, Quentin, 2012. "Cash for work in Sierra Leone : a case study on the design and implementation of a safety net in response to a crisis," Social Protection Discussion Papers and Notes 73719, The World Bank.
    14. Mitra, Sophie & Posarac, Aleksandra & Vick, Brandon, 2011. "Disability and poverty in developing countries : a snapshot from the world health survey," Social Protection Discussion Papers and Notes 62564, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Didier Mumpambala Luzolo, 2016. "Government intervention need for social security improvement in the Democratic Republic of the Congo: A theoretical analysis using the principal–agent model," WIDER Working Paper Series 165, World Institute for Development Economic Research (UNU-WIDER).
    2. Cristina Rosu, 2014. "Ibrd And Its Involvement In Modernising And Improving The Functionality Of Pension Systems," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 20.
    3. Didier Mumpambala Luzolo, 2016. "Government intervention need for social security improvement in the Democratic Republic of the Congo: A theoretical analysis using the principal-agent model," WIDER Working Paper Series wp-2016-165, World Institute for Development Economic Research (UNU-WIDER).
    4. Sarker, Indranil & Datta, Bidisha, 2022. "Re-designing the pension business processes for achieving technology-driven reforms through blockchain adoption: A proposed architecture," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Robalino, David & Margolis, David & Rother, Friederike & Newhouse, David & Lundberg, Mattias, 2013. "Youth employment : a human development agenda for the next decade," Social Protection Discussion Papers and Notes 83925, The World Bank.
    2. Umapathi, Nithin & Wang, Dewen & O'Keefe, Philip, 2013. "Eligibility thresholds for minimum living guarantee programs : international practices and implications for China," Social Protection Discussion Papers and Notes 83118, The World Bank.
    3. Robalino, David A. & Weber, Michael, 2013. "Designing and implementing unemployment benefit systems in middle and low income countries : key choices between insurance and savings accounts," Social Protection Discussion Papers and Notes 90348, The World Bank.
    4. Cerutti, Paula & Fruttero, Anna & Grosh, Margaret & Kostenbaum, Silvana & Oliveri, Maria Laura & Rodriguez-Alas, Claudia & Strokova, Victoria, 2014. "Social assistance and labor market programs in Latin America : methodology and key findings from the social protection database," Social Protection Discussion Papers and Notes 88769, The World Bank.
    5. Holzmann, Robert & Pouget, Yann & Vodopivec, Milan & Weber, Michael, 2011. "Severance Pay Programs around the World: History, Rationale, Status, and Reforms," IZA Discussion Papers 5731, Institute of Labor Economics (IZA).
    6. Domelen, Julie van, 2012. "Togo : towards a national social protection policy and strategy," Social Protection Discussion Papers and Notes 89000, The World Bank.
    7. World Bank, 2012. "Resilience, Equity, and Opportunity [Capacidad de recuperación, equidad y oportunidades]," World Bank Publications - Reports 12648, The World Bank Group.
    8. Martin Werding & Stuart R. McLennan, 2015. "International Portability of Health-Cost Cover: Mobility, Insurance, and Redistribution," CESifo Economic Studies, CESifo Group, vol. 61(2), pages 484-519.
    9. Andrews, Colin & Kryeziu, Adea & Seo, Dahye, 2014. "World Bank support for social safety nets 2007-2013 : a review of financing, knowledge services, and results," Social Protection Discussion Papers and Notes 90187, The World Bank.
    10. Salvador Valdés-Prieto, 2013. "Portability of Social Benefits and International Trade in Services: Some Reflections," CESifo Working Paper Series 4080, CESifo.
    11. Philippe Adair & Hassiba Gherbi, 2020. "The Youth Gender gap in North Africa: Income differentials and Informal Employment," Erudite Working Paper 2020-06, Erudite.
    12. Premand, Patrick & Brodmann, Stefanie & Almeida, Rita & Grun, Rebekka & Barouni, Mahdi, 2016. "Entrepreneurship Education and Entry into Self-Employment Among University Graduates," World Development, Elsevier, vol. 77(C), pages 311-327.
    13. Victor V. Muravyev, 2019. "Justice as a Factor of Social Integrity," European Journal of Multidisciplinary Studies Articles, Revistia Research and Publishing, vol. 4, ejms_v4_i.
    14. Mary, Sebastien, 2022. "Dams mitigate the effect of rainfall shocks on Hindus-Muslims riots," World Development, Elsevier, vol. 150(C).
    15. Christophe Béné & Alex Cornelius & Fanny Howland, 2018. "Bridging Humanitarian Responses and Long-Term Development through Transformative Changes—Some Initial Reflections from the World Bank’s Adaptive Social Protection Program in the Sahel," Sustainability, MDPI, vol. 10(6), pages 1-17, May.
    16. Wong, Sandy, 2016. "Geographies of medicalized welfare: Spatial analysis of supplemental security income in the U.S., 2000–2010," Social Science & Medicine, Elsevier, vol. 160(C), pages 9-19.
    17. Mont, Daniel & Nguyen, Cuong, 2013. "Does Parental Disability Matter to Child Education? Evidence from Vietnam," World Development, Elsevier, vol. 48(C), pages 88-107.
    18. Evsey T. Gurvich, 2019. "Long-Term Global Trends in Pension Policy," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 9-26, December.
    19. Lisbet Grut & Lifah Sanudi & Stine Hellum Braathen & Thomas Jürgens & Arne H Eide, 2015. "Access to Tuberculosis Services for Individuals with Disability in Rural Malawi, a Qualitative Study," PLOS ONE, Public Library of Science, vol. 10(4), pages 1-9, April.
    20. Rafal Kierzenkowski, 2012. "Towards a More Inclusive Labour Market in Hungary," OECD Economics Department Working Papers 960, OECD Publishing.

    More about this item

    Keywords

    Safety Nets and Transfers; Pensions&Retirement Systems; Emerging Markets; Debt Markets; Banks&Banking Reform;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:hdnspu:70925. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aaron F Buchsbaum (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.