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Tuesday, 27 April 2010

Report on social protection & EU Development Cooperation Strategy

There is increasing recognition among international agencies, donors, governments and civil society organi¬sations that social protection can play a pivotal role in preventing and reducing poverty, and promoting social and economic development. Nevertheless, only 20 % of the world’s population has adequate social security coverage, and more than half lack any coverage at all. Furthermore the EU does not have a coherent policy or strategy to promote social protection through its development cooperation. It is now time to address this policy incoherence. This briefing from the European Working Group on Social Protection and Decent Work and the Grow Up Free from Poverty Coalition explains what social protection is, and why it should be an essential component of the EU’s development cooperation. It outlines key social pro¬tection mechanisms that can help to reduce poverty and vulnerability and promote social and economic development (social transfers, access to healthcare and legislative measures) as well as the role of microfinance and decent work to promote access to social insurance. Case studies illustrate the difference that social protec¬tion can make to people’s lives. The briefing concludes with recommendations that would enable the EU to deliver a strategy to support sustainable social protec¬tion systems in developing countries.

Source: European Working Group on Social Protection and Decent Work and the Grow Up Free from Poverty Coalition