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Towards Social Protection 4.0 : An Assessment of Thailand’s Social Protection and Labor Market Systems (English)

This paper reviews Thailand’s social protection (SP) and labor market systems, to assess how they can be strengthened to address the key trends that will shape its society and economy in the coming decades. Thailand’s aging population, persistent high levels of workforce informality and the changing nature of work are already putting pressure on the current system, leaving most workers without protection from shocks or the ability to smooth consumption over their life cycle. For most of the growing elderly population, the small Old Age Allowance is the only form of income support. Although Thailand has made remarkable progress on poverty reduction in the past two decades, the poverty rate ticked up in 2016 and again in 2018, due to a slowing economy, droughts and wage stagnation, and the economic impacts of COVID-19 will further erode hard-won poverty gains. Adapting to changing skill needs and increasing automation requires lifelong education and training to meet rapidly evolving labor demands.

Details

  • Author

    Lamanna,Francesca, Sharpe,Joanne, Jain,Himanshi, Marskell,Jonathan Daniel, Moroz,Harry Edmund, Palacios,Robert J.

  • Document Date

    2021/06/14

  • Document Type

    Report

  • Report Number

    159970

  • Volume No

    1

  • Total Volume(s)

    2

  • Country

    Thailand,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2021/06/14

  • Disclosure Status

    Disclosed

  • Doc Name

    Towards Social Protection 4.0 : An Assessment of Thailand’s Social Protection and Labor Market Systems

  • Keywords

    market system; social assistance; informal worker; social assistance program; active labor market program; state-owned enterprise; Labor Market Policy and Programs; labor market information system; Social Protection; changing nature of work; social insurance scheme; people with disability; small and medium enterprise; active labor market policy; Active Labor Market Policies; passive labor market policies; social pension; public employment service; conditional cash transfer program; per capita poverty line; social safety net program; acquired immunodeficiency syndrome; universal health insurance coverage; passive labor market program; Social Insurance and Pension; informal sector worker; unemployment insurance; private sector worker; social protection system; rural area; social security coverage; labor market need; social security scheme; application programming interface; unemployment insurance system; social security system; social assistance scheme; unemployment insurance benefit; change in income; national poverty line; changes in demographics; micro credit program; families with child; national poverty rate; social welfare benefits; million people; social protection policy; amount of debt; loss of income; working age population; high poverty rate; social assistance expenditures; cost of transfer; participation in employment; official poverty rate; human capital development; contributory pension schemes; personal data protection; labor market strategy; small business owner; household survey data; low education quality; follow up survey; income tax data; education and health; transmission control measures; poverty targeted program; literacy and numeracy; school feeding program; private sector insurance; delays in disbursement; social security contribution; cost of access; social security reform; person with disability; value of transfer; social protection spending; social insurance coverage; lower income group; social protection program; health insurance system; social security benefit; job search assistance; source income; source of income; short training course; urban community; migrant health; per capita income; financial sector assessment; Human Immunodeficiency Virus; unemployment benefit; vulnerable group; aging population; old age; poor household; retirement benefit

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Citation

Lamanna,Francesca Sharpe,Joanne Jain,Himanshi Marskell,Jonathan Daniel Moroz,Harry Edmund Palacios,Robert J.

Towards Social Protection 4.0 : An Assessment of Thailand’s Social Protection and Labor Market Systems (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/637711622718440573/Towards-Social-Protection-4-0-An-Assessment-of-Thailand-s-Social-Protection-and-Labor-Market-Systems