How to Promote Social Security in Developing Societies: Role of the State, Market and Cooperatives
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Seventh lecture in the lecture series of SID-Netherlands 2008 ? 2009: Economic Growth and the Common Good: Towards a New Vision on Markets and Finance in the Age of Globalisation.In many developing countries institutions to safeguard social security of its citizens have not been fully developed, be it in the area of employment benefits, health insurance or invalidity. In some countries these arrangements are still completely absent. Recently attempts have been made to introduce social security systems in developing societies with external support. The DHAN (Development of Humane Action) Foundation in India is one example of those trying to improve social security, by offering insurance schemes to poor inhabitants in Southern India to insure decease, invalidity, and damage to belongings (land, cattle, house). Aside from this project, DHAN runs several other projects aiming to improve quality and security of life by stimulating self help through micro-financing schemes; community banking programmes; and a tank-fed agriculture programme for small farmers.
M.P. Vasimalai
Mr. Vasimalai is currently Executive Director of the DHAN Foundation, Madurai, India. The DHAN Foundation was established in 1997 and has as immediate objective to bring highly motivated and educated men and women to the development sector, to bring about innovations in rural development and consequently contribute to poverty eradication. Mr. Vasimalai previously served as Vice-President of Conservation and Development Forum (CDF) at the University of Florida, Vice-President of the International Network for Alternate Financial Institutions (INAFI) and Executive Member of an Advisory Board in the Ministry of Water Resources, India.
Society for International Development ? Netherlands Chapter