Abstract

Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with consequences for economic and social outcomes. The paper gives a fresh and provocative look on the international perspective of the topic that has so far been dominated by social policy lawyers working within the framework of bilateral agreements; the input by economists has been very limited. It offers an analytical framework for portability analysis that suggests separating the risk pooling, (implicit or actual) pre-funding and redistributive elements in the benefit design and explores the proposed alternative approach for pensions and health care benefits. This promising approach may serve both as a substitute and complement to bi- and multilateral agreements.

Highlights

  • The portability of social benefits across professions and countries is an increasing concern for individuals and policy makers

  • In the North it is the strong inflow of migrants till the economic crisis and the projected population aging and low or even negative labor force growth that heightened the interest of policy makers in migration issues, including portability of social benefits, as the perspective of returning migrants is politically more palatable

  • In the South, migration is increasingly seen as potential development instrument of a country: in the short term to ease labor market pressures among youth and to receive valuable remittances; in the medium to long-term to have return migrants contributing with human and financial capital to firm creation, employment and economic growth

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Summary

Discussion

Ed. European Social Security and Global Politics. Eds. The social security co-ordination between the EU and non-EU countries. Journal of Pension Economics and Finance 8 (2), April: 153-187. “The existing bilateral and multilateral social security instruments bdining EU states and non-EU states.”. Presentation given at the Guidance Workshop on Establishing Portability: State of the Art, Key Issues, and Steps at the Marseille Center for Mediterranean Integration (CMI). Global migrant stock estimates and bilateral portability arrangement by origin and host region (2000). Appendix Table B Global migrant stock estimates and bilateral portability arrangement by origin and host income-group (2000). Note: Regional country grouping according to World Bank terminology.

Introduction
Facts on Migration and Portability Regimes
A Conceptual Framework of Portability to Assess and Improve Policy Design
Benefit Design and Portability Arrangements - Pensions
Benefit Design and Possible Portability Arrangements – Health Care
Key Issues for Better Understanding Portability and the Way Forward
Summing-up and Conclusions
Background
Findings
Full Text
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