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Three Making growth inclusive: perspectives on the role of social policy in developing economies

  • Sarah Cook
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Reframing Global Social Policy
This chapter is in the book Reframing Global Social Policy

Abstract

Remaking the relationship between paid work and welfare looms as the central challenge for an inclusive growth regime. Neoliberal economic policies created a legacy of high unemployment and precarity that has not been addressed by the social investment approach with its purely supply side focus. Inclusive growth insists that paid work must underpin a sustainable welfare regime. But how can this be done given the state of current labour markets? This chapter reconsiders the paid work welfare nexus.

Abstract

Remaking the relationship between paid work and welfare looms as the central challenge for an inclusive growth regime. Neoliberal economic policies created a legacy of high unemployment and precarity that has not been addressed by the social investment approach with its purely supply side focus. Inclusive growth insists that paid work must underpin a sustainable welfare regime. But how can this be done given the state of current labour markets? This chapter reconsiders the paid work welfare nexus.

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