Political Science 2211E Chapter Notes - Chapter 3: Social Insurance, Pension, Social Protection
4 Apr 2020
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Reading 1: the advantages and disadvantages of different social welfare strategies by. Intro societies are continuously re-examining, reforming and restructuring their social welfare systems, altering the role that governments, businesses and individuals play in the system. In the context of 1997, changes in social philosophies (china, former soviet union), adjusting the high cost of living associated with aging populations, dealing with economic growth or decline. Different objectives of social welfare policies (often compete): Effective protection of the population from various economic risks. The facilitation of the smooth operation of a free labour market. Implication: no single policy will best achieve all, must prioritize importance of objectives in developing social welfare policies, the policy most effective in achieving a given objective in one country, may not necessarily be appropriate in another country. Compulsory participation: most people participating in social insurance legally obligated to do so. Create and supervise but don"t necessarily manage them: ex.
