Publication: Social Safety Nets in Europe and Central Asia : Preparing for Crisis, Adapting to Demographic Change, and Promoting Employability
Social safety nets in the Europe and Central Asia (ECA) region responded to protect people's incomes during the global recession, especially in countries where systems were developed before the crisis. As population's age and labor forces shrink, the elderly will increasingly rely on general revenues to supplement contributory pensions, competing with assistance for other vulnerable groups. Social safety nets that link to employment and other services can help people transition from reliance on social transfers to employability. Countries should not wait to confront these challenges. To further strengthen social safety nets, governments in ECA should consolidate and harmonize benefits, invest in systems improvements for greater efficiency, link social assistance and employment services, and actively communicate these reforms to their populations.
“Williams, Penny; Larrison, Jennica; Strokova, Victoria; Lindert, Kathy. 2012. Social Safety Nets in Europe and Central Asia : Preparing for Crisis, Adapting to Demographic Change, and Promoting Employability. Europe and Central Asia Knowledge Brief; Issue No. 48. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/8a699c0b-25a4-5171-b877-1335280cd0d8 License: CC BY 3.0 IGO.”