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Over 5 bln people without social security: UN, ILO

(Xinhua)

14:45, December 20, 2011

SANTIAGO, Dec. 19 (Xinhua) -- More than 5 billion people, or 75 percent of the world's population, do not have appropriate social security, United Nations (UN) and International Labor Organization (ILO) officials said here Monday.

UN Under-Secretary-General and UN Women Executive Director Michelle Bachelet and ILO Director-General Juan Somavia presented the joint report "Social Security for an Inclusive and Equal Globalization" in Santiago Monday.

Bachelet, a former Chilean president, said that though during the last six decades there has been strong economic growth and the world's gross domestic product (GPD) grew more than ten times, access to the benefits and essential services of appropriate social security is still a privilege only relatively few enjoy.

Bachelet told Xinhua that "guaranteeing social security is a challenge for all the countries. Each country should implement employment policies for women and young people."

The report suggested that each country should allocate its resources according to its own needs.

About 38 percent of the world's population, or 2.6 billion people, do not have adequate sanitation, and 884 million do not have access to clean water. In addition, 1.4 billion people still live on less than 1.25 U.S. dollars a day, the report said.

"The resources that a country uses for social security are not expenses, but are productive investments instead. Social security is a source for social cohesion, productivity and economic growth. It also expands the domestic demand," Somavia said.

The report proposed allocating the public social benefits "to families that face poverty and social exclusion," including pensions for the old and the disabled and benefits for children and the unemployed. Also, health care, education, clean water and sanitation should be accessible to all.

 
 
 
 
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