Social protection schemes provide cash or in-kind support for people facing life cycle contingencies, such as having children, getting sick, acquiring a disability, losing a job or growing older. Social protection is also an important tool to protect people from covariate shocks, such as natural disasters, economic crises and pandemics. Lack of social protection exposes everyone to financial uncertainty and contributes to increasing within- and across-country inequalities.

Asia and the Pacific’s success in achieving the United Nations 2030 Agenda for Sustainable Development depends on a healthy, protected and productive workforce. People of working age make up two thirds of the region’s population and more than half of the global labour force. We depend on them to power the economic growth, competitiveness and sustainable development needed to accelerate the region’s progress towards all 17 Sustainable Development Goals. Our workforce generates the tax revenues needed to pay for essential public goods and services and ensures the well-being of dependent family members. Yet the working-age population of Asia and the Pacific is under pressure, denied the decent work opportunities it needs to fulfil its potential.

The COVID-19 pandemic has highlighted the need for well-functioning social protection systems in the region as never before. A new UN report reveals that despite their rapid socioeconomic ascent, most countries in the Asia-Pacific region have weak social protection systems riddled with gaps.

The Social Outlook 2020 report reveals that despite their rapid socioeconomic ascent, most countries in the Asia-Pacific region have weak social protection systems riddled with gaps.

The report outlines the situation regarding social protection in the region and provides a series of recommendations for how its scope and reach can be enhanced.

The Social Outlook for Asia and the Pacific lays out new arguments and evidence for the critical and urgent need to increase investment in people, particularly in social protection.

Developing countries in Asia and the Pacific only spend about 3.7 per cent of GDP on social protection, compared to the world average of 11.2 per cent. This under investment is the reason why 60 per cent of the population in the Asia-Pacific region has no protection if they fall ill, have a disability, become unemployed, pregnant or old. With 1.2 billion people living on less than $3.20 per day, of which 400 million live on less than $1.9 per day, social protection is an essential strategy to tackle poverty and deprivation.

The evidence for increasing the level of investment in people in Asia and the Pacific is overwhelming: around 328 million people would be lifted out of moderate poverty and 52 million would move out of extreme poverty, if countries in the region matched the global averages of spending on education, health and social protection. Countries in the region do not have to wait to become rich to start investing in people. Even low income and lower-middle income countries can boost social spending, as evidenced by some first movers across the region.