Economic and Financial Aspects of Social Security: An International Survey

by J. Henry Richardson

Overview

First Published in 1960, Economic and Financial Aspects of Social Security presents an important intervention by Professor J. Henry Richardson, an experienced authority on social security. Specially valuable is the chapter which considers what proportion of national income can be afforded for social security and also that on the alternatives of financing by accumulating large funds or by ‘pay-as-you-go’ methods. The author directs particular attention to age and retirement and urges that both social security systems and industrial organization should be so devised as to give encouragement and facilities for older people to continue working as long as they are fit. He also discusses remedies for poverty arising from sickness and large families with low incomes. The value of social security as a factor in economic security and in the redistribution of income, safeguards against inflation, and the problem of saving today for consumption in the future are also examined. This book is an essential read for scholars and researchers of political economy, labour economics and economics in general

Product Details

ISBN-13:	9781032184418
Publisher:	Taylor & Francis
Publication date:	12/17/2021
Series:	Routledge Revivals
Pages:	270
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Professor J. Henry Richardson was a well-known authority on Industrial Relations, with a wide knowledge of economic and labour problems and policies in many countries. He held an appointment for nine years on the permanent diplomatic staff of the International Labour Office in Geneva, where he was technical adviser to international conferences and committees. Professor Richardson was visiting Professor at Columbia University, New York, and during the year 1956-57 was Cassidy Research Visiting Professor in the School of Social Work, University of Toronto.

Table of Contents

Preface 1. Introduction 2. Definition and Scope 3. Basic Policies and Principles 4. Social Insurance 5. Accumulation of Funds versus ‘Pay-as -You- Go’ Financing 6. Proportion of Social Security Payments to National Income 7. Age and Retirement 8. Family Allowances 9. Health 10. Other Contingencies 11. Some Economic Considerations 12. Conclusions Selected References Index