Social security, the economy and development

de James Midgley, Kwong-Leung Tang

This book explores the complex relationship between social security and economic development, arguing that social security contributes positively to economic development by promoting social investments that not only foster economic growth but enhance social welfare for all. The contributors analyse the various forms of social security, and, through comprehensive analysis of country experiences, demonstrates that the relationship between social security and economic development defies the simplistic interpretations currently popular in literature on the subject. A variety of country case studies are explored including Britain, Chile, China, India, Korea, Norway, Singapore, South Africa and the United States. This topical volume is a vital companion for all interested in the dynamics of the relationship between social security and the economy.