Investing in People : Social Protection for Indonesia's 2045 Vision

The Government of Indonesia's Vision for 2045 sets an ambitious path that will require significant investments in human capital and social protection Indonesia continues to set ambitious goals for its growth and development. The Government of...

Full description

Bibliographic Details
Main Authors: Holmemo, Camilla, Acosta, Pablo, George, Tina, Palacios, Robert J., Pinxten, Juul, Sen, Shonali, Tiwari, Sailesh
Format: Report
Language:English
Published: World Bank, Jakarta 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/384621587010378649/Investing-in-People-Social-Protection-for-Indonesias-2045-Vision
http://hdl.handle.net/10986/33767
id okr-10986-33767
recordtype oai_dc
spelling okr-10986-337672021-06-14T09:56:23Z Investing in People : Social Protection for Indonesia's 2045 Vision Holmemo, Camilla Acosta, Pablo George, Tina Palacios, Robert J. Pinxten, Juul Sen, Shonali Tiwari, Sailesh SOCIAL PROTECTION SOCIAL ASSISTANCE ADAPTIVE SOCIAL PROTECTION SOCIAL INSURANCE HEALTH INSURANCE CIVIL SERVICE PENSION FISCAL SPACE SERVICE DELIVERY TARGETING UNEMPLOYMENT BENEFIT CONTINGENT COVERAGE CATASTROPHIC LOSS The Government of Indonesia's Vision for 2045 sets an ambitious path that will require significant investments in human capital and social protection Indonesia continues to set ambitious goals for its growth and development. The Government of Indonesia's (GoI) vision for 2045—when the country celebrates 100 years of independence—is to achieve high income status and reduce poverty to nearly zero. In addition to sustained growth and income opportunities for all, an inclusive and efficient social protection (SP) system will be essential to meet these ambitious goals. In most countries today, effective risk-sharing and SP policies play important roles in building equity, resilience and opportunity, and in strengthening human capital. Indonesia is no different. Risk sharing interventions can reduce and prevent poverty, and make growth more equitable by safeguarding households' human and physical capital. Over the past two decades, Indonesia's SP system has been fundamentally transformed. In particular, it has moved from the dominance of regressive consumer subsidies and ad-hoc crisis response to targeted and household based social assistance programs, with a massive coverage expansion. In terms of social insurance, recent years have seen an ongoing building and integration of its policies and institutions. This has all been made possible through better spending allocations and a build-up of the needed platforms to deliver programs effectively and efficiently. 2020-05-19T14:06:25Z 2020-05-19T14:06:25Z 2020-04-30 Report http://documents.worldbank.org/curated/en/384621587010378649/Investing-in-People-Social-Protection-for-Indonesias-2045-Vision http://hdl.handle.net/10986/33767 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Jakarta Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Indonesia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SOCIAL PROTECTION
SOCIAL ASSISTANCE
ADAPTIVE SOCIAL PROTECTION
SOCIAL INSURANCE
HEALTH INSURANCE
CIVIL SERVICE PENSION
FISCAL SPACE
SERVICE DELIVERY
TARGETING
UNEMPLOYMENT BENEFIT
CONTINGENT COVERAGE
CATASTROPHIC LOSS
spellingShingle SOCIAL PROTECTION
SOCIAL ASSISTANCE
ADAPTIVE SOCIAL PROTECTION
SOCIAL INSURANCE
HEALTH INSURANCE
CIVIL SERVICE PENSION
FISCAL SPACE
SERVICE DELIVERY
TARGETING
UNEMPLOYMENT BENEFIT
CONTINGENT COVERAGE
CATASTROPHIC LOSS
Holmemo, Camilla
Acosta, Pablo
George, Tina
Palacios, Robert J.
Pinxten, Juul
Sen, Shonali
Tiwari, Sailesh
Investing in People : Social Protection for Indonesia's 2045 Vision
geographic_facet East Asia and Pacific
Indonesia
description The Government of Indonesia's Vision for 2045 sets an ambitious path that will require significant investments in human capital and social protection Indonesia continues to set ambitious goals for its growth and development. The Government of Indonesia's (GoI) vision for 2045—when the country celebrates 100 years of independence—is to achieve high income status and reduce poverty to nearly zero. In addition to sustained growth and income opportunities for all, an inclusive and efficient social protection (SP) system will be essential to meet these ambitious goals. In most countries today, effective risk-sharing and SP policies play important roles in building equity, resilience and opportunity, and in strengthening human capital. Indonesia is no different. Risk sharing interventions can reduce and prevent poverty, and make growth more equitable by safeguarding households' human and physical capital. Over the past two decades, Indonesia's SP system has been fundamentally transformed. In particular, it has moved from the dominance of regressive consumer subsidies and ad-hoc crisis response to targeted and household based social assistance programs, with a massive coverage expansion. In terms of social insurance, recent years have seen an ongoing building and integration of its policies and institutions. This has all been made possible through better spending allocations and a build-up of the needed platforms to deliver programs effectively and efficiently.
format Report
author Holmemo, Camilla
Acosta, Pablo
George, Tina
Palacios, Robert J.
Pinxten, Juul
Sen, Shonali
Tiwari, Sailesh
author_facet Holmemo, Camilla
Acosta, Pablo
George, Tina
Palacios, Robert J.
Pinxten, Juul
Sen, Shonali
Tiwari, Sailesh
author_sort Holmemo, Camilla
title Investing in People : Social Protection for Indonesia's 2045 Vision
title_short Investing in People : Social Protection for Indonesia's 2045 Vision
title_full Investing in People : Social Protection for Indonesia's 2045 Vision
title_fullStr Investing in People : Social Protection for Indonesia's 2045 Vision
title_full_unstemmed Investing in People : Social Protection for Indonesia's 2045 Vision
title_sort investing in people : social protection for indonesia's 2045 vision
publisher World Bank, Jakarta
publishDate 2020
url http://documents.worldbank.org/curated/en/384621587010378649/Investing-in-People-Social-Protection-for-Indonesias-2045-Vision
http://hdl.handle.net/10986/33767
_version_ 1764479473656266752