Social security policies in connection with sustainable economic growth in the period 2011-2020

The paper shows that the Vietnam’s system of social security policies during its reforms increasingly supports risk prevention, mitigation and management, positively contributing to the implementation of targets for human development. | 2 | Mai Ngọc Cường | 02 - 16 Social Security Policies in Connection with Sustainable Economic Growth in the Period 2011-2020 MAI NGỌC CƯỜNG National Economics University – ARTICLE INFO ABSTRACT Article history: Received: Dec. 12, 2013 Received in revised form Jan 24, 2014 Accepted: Sep. 30, 2014 The paper shows that the Vietnam’s system of social security policies during its reforms increasingly supports risk prevention, mitigation and management, positively contributing to the implementation of targets for human development. This system, however, reveals many shortcomings, such as its limited coverage and low impact on beneficiaries. Since the system, in which all citizens are guaranteed to be engaged, should assure people’s fundamental needs and increase its scope of impact, greater accountability of involved parties is required. Additionally, on the basis of synchronous development of all components of the social safety net, it is vital that the policy model, organizations in operation and/or services and finance resources providers be diversified and that the development of social security policies be attached to economic and social development. Keywords: social security, social insurance, health insurance, unemployment insurance, social benefits, sustainable development. JED October 2014| 3 1. PROBLEM STATEMENT Social security is a part of sustainable development. The development of social security system on the basis of social insurance, health insurance, unemployment insurance, and social benefits will ensure the aims of human and social development. During the years of reform, Vietnam’s social security system is increasingly developed. The social insurance, health insurance, unemployment insurance, and frequent and infrequent social benefits further expand positive impacts on people’s lives and contribute to sociopolitical stability, especially during the economic .

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