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Round table discussion on social protection

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CESD, together with the Friedrich Ebert Stiftung (FES) and International Labour Organisation (ILO), held a joint round table discussion on social security, or social protection, in November 2014. The event examined the need for countries to provide social protection in order to build stable societies, reduce insecurity, contain poverty and inequality, and ensure economic growth.

Social security was defined as formal or informal economic support that provides access to health and social services, and income security when there is a loss of income (for example, pensions, short-term cash benefits in case of sickness, maternity, unemployment, or employment injury).

As noted by  guest speaker Michael Cichon, from the International Council on Social Welfare (ICSW) and United Nations University, “Social services and transfers are an economic necessity to unblock the full economic potential of a country – only people that are healthy, well educated and well nourished can be productive.”