Financing Social Protection
Full course description
Financing Social Protection is the fourth and concluding course of the specialisation. It brings together the issues that were dealt with during the previous three courses. It seeks to strike a balance between the introduction of concepts of social protection financing and the reinforcement of technical skills that every policy analyst in social protection should be familiar with and be able to use. It builds on the concepts of poverty, inequality, social justice, social development and the need for social protection, the range of social protection interventions and their rationale as well as the range of existing quantitative costing techniques and impact analysis that were developed in the preceding courses.
In any society, social transfers account for a substantial part of national income. Distributive machines of this scale should be designed and operated with the utmost care to pursue the realisation of socially, economically, and fiscally optimal results. How do we finance a certain overall level of social protection? Or a certain new benefit (by taxes, through contributions, through private payments)? - Who is paying for what in the social protection system? - What would be the likely effect of the system, a new scheme or a new benefit on economic performance, on the government budget, other benefits in the system and the income distribution? - How do we organise the financial management and governance in such a way that makes best use of scarce resources? This course, in line with the previous courses, seeks to provide present and future financial planners and decision-makers in social protection with the tools for good financial, fiscal, and economic governance of national social protection systems.
This course aims at providing students of social protection with a methodological toolbox for sound resource management in social protection, which permits them to design and maintain a system of financing of national social protection schemes that ensures an effective and efficient use of available resources on the community, national, and international level. After completing this course, students should be able to understand the intricate financial linkages between the government budget and the social protection system; conduct a fiscal space analysis for social protection programs; examine and review the political economy and governance aspects of social protection programmes and policy prioritisation and consolidation; and understand the complexities involved in the design and implementation of social protection programmes and policies.
Prior knowledge of Excel is highly recommended
- Van de Meerendonk, A. (forthcoming). Draft chapter on Financing Social Protection in: Loewe and Schüring (eds). Handbook of Social Protection. Bonn.
- Fischer, A. M. (2017). Dilemmas of externally financing domestic expenditures: Rethinking the political economy of aid and social protection through the monetary transformation dilemma (No. 629). ISS Working Paper Series / General Series (Vol. 629, pp. 1–41). International Institute of Social Studies of Erasmus University (ISS).
- Pritchett, L. (2005). A lecture on the political economy of targeted safety nets. Social protection discussion paper series No. 0501. Washington, DC: World Bank.