1887

Modernising Social Policy for the New Life Course

image of Modernising Social Policy for the New Life Course

This seminar proceedings examines whether the current designs of social protection systems in OECD societies are well-suited to contemporary life-course realities. It looks in detail at recent policy developments in OECD countries to develop more flexible time-based social policies, as well as related issues, such as asset-based welfare programmes, as well as policies to encourage redistribution of income and/or time over the life course and how these might be structured most effectively.

English

.

The Life-course Perspective and Social Policies

An Overview of the Issues

A number of trends are changing the nature of social risks and increase the importance of human capital, adaptability and flexibility. This chapter discusses the usefulness of a life-course perspective in developing proactive social policies that better fit the changing life cycles of individuals who combine formal work with other activities on transitional labour markets. It pays special attention to the accumulation and maintenance of human capital over the life course and stresses that reconciliation of work and family goes beyond child-care facilities and parental leave, and involves the entire life course. In particular, longer and deeper involvement in paid employment allows people to exploit their longer life to reconcile the two ambitions of, first, investing in the next generation as a parent and, second, pursuing a fulfilling career in paid work in which one keeps learning. Greater flexibility of working time over the life course requires more individual responsibility for financing leave. Moreover, rather than shielding older insiders through employment protection, labour-market institutions should enable parents of young children to easily enter and remain in the labour market. Finally, more activating social assistance and in-work benefits should replace the passive income support for breadwinners that results in high minimum wage floors.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error