The book examines the conceptual, economic, and fiscal impact(s) of the Social Protection Floor (SPF) initiative of the International Labor Organisation (ILO) and other policy influencers by first critically examining the methodologies used by the international agencies to estimate the fiscal costs of designated minimum package(s) of social protection programs. The book also briefly reviews the methodologies used and usefulness of the Social Protection Index (SPI) of the Asian Development Bank (ADB).
Second, the book analyses strategies and specific initiatives used by the selected East Asian countries (China, India, Indonesia, the Philippines, Thailand, and Vietnam), designed to progress towards the social protection goals underlying the Social Development Goals (SDGs) adopted by the United Nations in September 2015, and endorsed by the countries covered in this book.
Finally, the book provides a framework for generating fiscal space to fund the social protection programs and initiatives. The country chapters utilise this framework in the context of each specific country to suggest generating fiscal space.