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Social security finance in developing countries

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  • Puffert, Douglas J.

Abstract

This paper presents a survey of the financial nature of social security schemes in developing countries, their implications for public sector finance as a whole, and for the process of economic development. Chapter 1 discusses what social security is and in what various ways it is implemented in developing countries. Chapter 2 considers in detail the specific provisions and financing of social security programs in a sample of 41 developing countries. Chapter 3 discusses the implications, including potential dangers, of social security systems for public sector finance generally, and Chapter 4 considers the effects of social security systems on capital and labor markets, and thus on the process of economic development. A final chapter sums up the implications of the analysis for public policy in developing countries and for the research agenda for the World Bank.

Suggested Citation

  • Puffert, Douglas J., 1988. "Social security finance in developing countries," Policy Research Working Paper Series 36, The World Bank.
    • Handle: RePEc:wbk:wbrwps:36
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    References listed on IDEAS

    as
    1. Alicia H. Munnell, 1986. "The impact of public and private pension schemes on saving and capital formation1," International Social Security Review, John Wiley & Sons, vol. 39(3), pages 243-257, July.
    2. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
    3. Boskin, Michael J. & Kotlikoff, Lawrence J. & Puffert, Douglas J. & Shoven, John B., 1986. "Social Security: A Financial Appraisal Across and Within Generations," CEPR Publications 244432, Stanford University, Center for Economic Policy Research.
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    Cited by:

    1. Jung, Juergen & Tran, Chung, 2012. "The extension of social security coverage in developing countries," Journal of Development Economics, Elsevier, vol. 99(2), pages 439-458.

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