A Well Tailored Safety Net

This intriguing book introduces the first Social Security reform proposal tailored to meet the nation's fiscal challenges and care for an aging population. Tackling one of the most difficult and divisive issues facing America today, A Well-Tailored Safety Net: The Only Fair and Sensible Way to Save Social Security seeks to transform the political debate over Social Security reform by introducing the first proposal tailored to meet both the nation's fiscal challenges and the responsibility of caring for an aging population. As the first batch of 77 million baby boomers begins to collect its social security benefits in the midst of the explosion of national debt from economic recovery expenditures, Social Security reform becomes increasingly urgent. Jed Graham takes apart each of the current leading proposals and shows how all of them fall short by the key criteria of affordability, effectiveness, and fairness. Graham proposes a bold new approach that would erase more debt than any other proposal, yet avoid benefit cuts in very old age, when people can least afford them. Short on actuary speak and long on common sense, A Well-Tailored Safety Net makes the Social Security debate accessible to general readers. At the same time, it advances innovative solutions with such command of analytic detail and ideological impartiality as to merit serious study by legislators and policymakers.

"For many decades, American liberals have pointed to Europe's social welfare systems as a model for the US. As Senator Bernie Sanders famously said: "I think we should look to countries like Denmark, like Sweden and Norway, and learn what they have accomplished for their working people" (Moody, 2016)"--

Safety nets are noncontributory transfer programs targeted to the poor or vulnerable. They play important roles in social policy. Safety nets redistribute income, thereby immediately reducing poverty and inequality; they enable households to invest in the human capital of their children and in the livelihoods of their earners; they help households manage risk, both ex ante and ex post; and they allow governments to implement macroeconomic or sectoral reforms that support efficiency and growth. To be effective, safety nets must not only be well intended, but also well designed and well implemented. A good safety net system and its programs are tailored to country circumstances, adequate in their coverage and generosity, equitable, cost-effective, incentive compatible, and sustainable. Good safety nets are also dynamic and change over time as the economy changes or as management problems are solved and new standards are set. Drawing on a wealth of research, policy, and operational documents from both academia and the World Bank s work in over 100 countries, For Protection and Promotion provides pragmatic and informed guidance on how to design and implement safety nets, including useful information on how to define eligibility and select beneficiaries, set and pay benefits, and monitor and evaluate programs and systems. The book synthesizes the literature to date and enriches it with new examples on various program options cash transfers (conditional and unconditional), in-kind transfers, price subsidies, fee waivers, and public works. It concludes with a comprehensive diagnostic for fitting safety net systems and programs to specific circumstances.

This paper focuses on Uganda’s 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and cancellation of Current Policy Support Instrument. Driven mainly by investment and trade, growth has recovered to about 5 percent, a stronger than expected rebound from the low 31⁄2 percent expansion registered last year. Fast implementation of road construction, the start of operations of the Bujagali hydropower plant, and a good harvest boosted aggregate demand. Envisaged public finance management reforms are set to address the problems of persistent under budgeting, arrears accumulation, and failure to sanction financial irregularities.

“Fragility”—the combination of poor governance, limited institutional capability, low social cohesion, and weak legitimacy—leads to erosion of the social contract and diminished resilience, with significant implications for peace, security, and sustainable development. This study reviews how the international community has responded to this challenge and offers new ideas on how that response can be improved. Based on that examination, the author seeks to convey the importance of addressing this phenomenon as a high priority for the international community. Chapters explore the nature of these obstacles to sustainable development, peace, and security; how the international community has defined, measured, and responded to the phenomenon of fragility; how the international response might be made more effective; and implications for the United States.

Public Works as a Safety Net: Design, Evidence, and Implementation reviews the conceptual underpinnings and operational elements of public works programs around the world. Drawing from a rich evidence base including program documentation, policy papers, peer-reviewed publications, and empirical data from over 40 countries, it provides an overview of the state of public works programs and how they function as part of wider social protection systems. The book provides a comprehensive analysis of the design features and alternative models of public works implemented under diverse country settings. Topics covered include program objectives, institutional and financing arrangements, targeting, costs and benefits, gender considerations, and monitoring and evaluation. Political economy issues that inform the development and effectiveness of public works programs are also addressed, bringing into focus the centrality of governance and transparency to ensure the achievement of program outcomes. The comprehensive nature of the review, and its thorough analysis of available data, fills a gap in knowledge related to public works program design and implementation. The book should benefit both policy makers and practitioners involved in public works planning. It will also help inform future efforts to incorporate public works as an important tool of an integrated national social protection systems, that will help respond to unpredictable global shocks leading to sudden declines in employment, whether seasonal or systemic.

This book investigates the origins, current state, and fundamental value of social safety nets in developing countries, as well as their effectiveness in these settings. Social safety net programs (SSNPs) are critical because they keep those who are already vulnerable from falling deeper into poverty. Analysing how social safety nets benefit the most disadvantaged and marginalized members of society by allowing those in need to become financially stable, more resilient, and open up more opportunities for themselves, this book shows that social safety nets (SSNs) are a collection of social services designed to protect people from the effects of economic and emotional hardship. Showing that the purpose of the safety net is not to provide permanent financial security, but rather to provide temporary financial security during periodic shocks and how this applies in South Asia and also in parts of Africa, this book will be of interest to all scholars and students of social policy, sociology, social work, and Global South politics more generally.