Social Protection: Reducing Vulnerability of Poor Individuals

Social protection efforts are essential to provide the most necessary support for extremely poor individuals and families. Through social protection initiatives, poor and vulnerable groups can deal with economic and social risks such as unemployment, illness, old age, disability. Cash transfer is a social protection initiative that guarantees access to basic services for vulnerable groups such as terminal diseases, people living with HIV, orphans, food insecure families, and people with disabilities. An example.

We can further reduce poverty by expanding the social protection system and planning appropriate for the poor and the most vulnerable groups. Social protection programs include social assistance such as cash transfers, school meals, target food aid, and social insurance and labor market programs including pensions, disability pension, unemployment insurance, skills training and wage subsidies. Since 2000, many developing countries have adopted policies to protect multiple emergencies, so social protection is expanding globally. Pension insurance expanded particularly rapidly. More than half of retirement age (51%) receives pensions based on data available between 2010 and 2012. Almost every country has a child allowance or childbirth allowance system, and the cash transfer program is increasing

The important meaning of this policy is that social protection policies in many parts of the world can not only reduce vulnerability to serious misery, but also prevent social misfortune and helplessness. Since long-term autonomy has to sacrifice short-term survival, the origins of individuals and families trapped in like slavery-bound workers are often found in the dilemma. The extent to which poor people manage risk through "horizontal" social relationships rather than "vertical" social relationships varies widely from society to society. In most parts of Africa, the value of equality and solidarity is more common.

Concept and method of social protection: influence on international development policy and practice

Social protection is a wide range of public arrangements and tools that help individuals, families, and communities manage risks and shocks and ensure basic consumption levels for extreme poor people. Social protection includes social insurance, social assistance, safety net, social services, legal and regulatory protection. Therefore, social protection must complement the family, community and market mechanisms to protect vulnerable groups from livelihood risk, improve social status and help poor people.