Social Budgeting

A discussion of the improvement of social protection systems through effective financial planning, management and monitoring. While advocating the implementation and use of methodologically consistent and comprehensive statistical databases, this guide offers a set of established and pragmatic modelling techniques and explains how they can be used to better the governance of social protection systems. Guidance to develop the required databases for financial planning draws on methodologies developed in the EU but also on analytical experience in many countries around the world. The work stresses that the analysis and planning of social budgets must take into account that they are embedded in countries' demographic and economic environments. It also discusses the importance of social protection planners operating in conjunction with government financial and monetary institutions. The book argues that the most promising and reliable way of planning social finances is to use, as a common basis among these institutions, a consistent model family which mathematically reflects the physical and monetary links among the population, the economy and the social protection system.