Paul Smyth University of Melbourne Pre history Pre welfare state tawney Myrdal Keynes etc Welfare state T H Marshall New Left OConnor Gough Offe New Right friedman hayek ID: 592295
Download Presentation The PPT/PDF document "Social investment – international cont..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Slide1
Social investment – international context
Paul Smyth
University of MelbourneSlide2
Pre history
Pre welfare state:
tawney
Myrdal Keynes
etc
Welfare state : T H Marshall
New Left: O’Connor Gough
Offe
New Right :
friedman
hayek
Rediscovery: OECD
from social protection (1980s) to social investment (1990s
)
Deeming and Smyth (2016)The
'Social Investment Perspective' in Social Policy: A Longue
Durée
Perspective’, Social Policy and Admin, (October)Slide3
UK Third way:
:
‘Paradigm shift’ (
Droboloski
\Lister 2008)
UK Commission on Social Justice 1994:
deregulators\
levellers
\ investors/
Giddens (1998) ‘Social investment state’
‘Welfare to work’
investment in ‘early years’ Slide4
In EU
Esping
Andersen (1999) Social Foundations of Postindustrial Economies; (2002) Why we need a new welfare state
From EU Lisbon strategy (2000):
Human
capital\
knowledge economy
Life course
Employment\
flexicurity
To EU ‘Social Investment Package’ (2013-)
http://
ec.europa.eu/social/main.jsp?catId=1044&langId=en
[
US (
Midgley
)
Canada ( Jane Jenson
).
General: N Morel et al (2012) Towards a social investment welfare state)]Slide5
Social investment Today
From education and skills to multidimensional approach : early learning needs housing, needs nutrition, needs money
etc
Life course approach
transitions (early years, schooling, transitions to work, transitions to Care, life long learning)
‘Stocks
Flows
Buffers’
Governance challenge (‘joined up’)
Returns on investment : the measurement challenge
See
Anton
Hemerijck
, A. (2015) ‘The Quiet Paradigm Revolution of Social Investment’, in: Social
Politics.
And 2017
The Uses of Social Investment (OUP)Slide6
Australia 2005-
National Reform
A
genda 2006 - Vic
Govt
(2005) Sen, human capital
etc
Rudd-Gillard 2007-13
Early years
Schooling
Youth employment
health
Closing the gap (indigenous)
Perkins,
Smyth and
Nelms
(2004) ‘beyond neoliberalism the social investment state
?’; Slide7
Reasserts
productivist
social policy tradition
Uncertain economics - GFC\ Keynesian? Neoliberal?
Society rediscovered? Subordinated?
How promote ‘productive’ without downgrading ‘protection’- a dual imperative
See Deeming and Smyth (2015) ‘
Social
Investment after Neoliberalism: Policy Paradigms and Political
Platforms’
.
Jnl
Social Policy, 44:)Slide8
Si lib
McClure report and the ‘discovery’ of social policy as investment
Mapping
si
onto the liberal welfare regime – about individual failure not the market society
Nation building out - market fundamentalism in
social policy as ‘liability’ to be reduced
SI with welfare as poison (Porter\
Tudge
)Slide9
International: from SI to inclusive growth
Asian Development Bank 2007
World Bank 2008
UNRISD -
IMF-
OECD – see IG project
UN
Agenda
2030 Sustainable Development
G
oals
ALP (2016)
Growing Together Tackling Inequality in Australia
Deeming and Smyth 2017 Reframing Global Social Policy, Policy Press Slide10
Reframing
From
washington
consensus to inclusive growth
Sen
et al:
‘Rethinking progress
’
Social policy as investment not
consumption
not just supply side social investment but demand side economic management Slide11
World Bank( Growth Report 2008; Inclusive Growth 2009)
Policies for inclusion and growth cant be separated. No trickle down
Manage pace and pattern of growth ensuring equality of opportunity
Broad based growth across sectors
Productive employment not just income redistribution
On intervention: patience, pragmatism, seek national fitSlide12
World Economic Forum (2015; 2017) ‘The IG and Development Report’
Pragmatic\institutional economics (education, land reform, business support, good governance
Inclusive economy equitable BEFORE taxes and transfers are taken into account
A focus on ‘process’ as well as ‘outcomes’Slide13
Integrated social and economic Framework: 7 Pillars
Ed and skills - access, quality, equity
Employment and labour – productive employment, wage and non-wage compensation
Asset building & entrepreneurship – small business; home and financial asset ownershipSlide14
Finance of real ec invetsment
Corruption and rents
Basic services and infrastructure – digital, health etc
Taxes and transfers- tax code. Social protection
For each sub pillar there are stat indicators making a ‘Dashboard of National KPIs’