At the beginning of the 21st century, rising inequalities led to the proposal of a social protection floor for the global economy, now fully endorsed by the United Nations and member countries. A social protection floor is necessary in any society because the benefits of growth do not automatically reach all; further, the need for adequate social protection systems has increased given the impacts of the global crisis. This presentation offered a review of selected policy issues, such as the importance of expanding social protection coverage, the debates on unconditional/conditional cash transfers and universal/targeted policies, and discuss affordability of a social protection floor as well as the high costs of keeping people excluded.

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From September to May each year, the CIGI Speaker Series are presented on important international topics to raise public awareness and understanding on a variety of current global issues. This series features some of the most prominent and acclaimed figures in their respective areas of global governance.
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