Quantitative Techniques for Social Protection Policy Design

Full course description

National social protection systems are designed to provide income as well as health security in times of need and to prevent people from falling into poverty. Many countries redistribute – through tax and contribution collections and benefit payments – significant portions of the national economy, usually expressed in terms of gross domestic product (GDP). Efficient governance supported by sound quantitative studies can make a lasting difference in people’s lives. Quantitative specialists working for social protection systems must anticipate future uncertainties and complex interrelations between different systems. Effective quantitative analyses of current and projected social protection systems support policy decisions on the design and monitoring of social protection systems. This course will develop students’ understanding of advanced quantitative studies and the actuarial modelling required for the sound financial governance of social protection systems, including social insurance pensions. Essentially, it will provide the knowledge and modelling tools needed for the effective design, management, and monitoring of national social protection systems.