
Ep. 65 | Beyond the Cost: Why Investing in Social Protection Matters
As part of socialprotection.org’s 11th anniversary, this episode explores the central question behind the campaign: what does society stand to lose when we do not invest in social protection?
Too often framed primarily as a public expense, social protection can play a critical role in reducing poverty and inequality, expanding access to opportunities, and helping people and economies withstand and recover from shocks. When adequate protection is not in place, the consequences can extend across the life course and across societies, reinforcing vulnerability, limiting inclusive development, and weakening social cohesion.
Drawing on evidence and examples from different contexts, this episode delves into the social and economic returns of investing in social protection, from early childhood, care and informal employment to economic inclusion and crisis preparedness. What are the wider costs of leaving people without adequate protection? How can stronger, universal systems contribute to resilience, productivity and more equitable opportunities? And what does it take to build and expand social protection systems when governments face competing priorities and limited resources?
Meet our guests:
- Laura Alfers, International Coordinator, WIEGO
- Dominic Richardson, Managing Director, Learning for Well-being Institute
- Jamele Rigolini, Senior Advisor for Social Policy, The World Bank
For our Quick Wins segment, we spoke with Sherine Al-Shawarby, Professor of Economics at Cairo University and Dean of the Faculty of Political Science, Economics and Business Administration at May University in Cairo, who discussed the ongoing debate around bread subsidy reform in Egypt
💬 Your feedback and ideas for the podcast are always welcome. Share your suggestions on topics to cover, resources, or guest recommendations.
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