Digital economy

Digital Economy and Social Security Observatory

The Digital Economy will profoundly transform our daily life, how we work and how we live.

The Observatory will provide ISSA members with an understanding of the opportunities and the challenges it will present to social security administrations.

It will look at this transformation from two angles: the changing environment in which social security institutions evolve and how Social Security institutions themselves will be impacted and can respond to these challenges.

 

Economic impact

The increasing impact of the digital economy will likely see changes in capital versus labour market share, changes in job organisation, economic transformation and focus on new industries.

Whilst job losses are likely in some industries, this may have an impact on competiveness and productivity meaning a slowdown in delocalisation and more competitive developed economies.

Therefore the same industries may lose certain types of jobs but gain others. Countries’ industrial strategies are likely to change to greater focus on value added industries and those that respond to the challenges of this century, most notably climate change and the scarcity of natural resources.

Unemployment systems are likely to have to adapt to provide a more holistic approach taking into account partial employment, flexible work and individuals having numerous careers.

The financing of social security will need to be rethought in the context of this transformation including current and future ideas to adapt to these changes, such as basic income , flat rate fixed benefits and the taxation of different means of production.

Whilst social security systems will continue to meet life cycle needs, institutions will increasingly act as a catalyst and support to these changes and at the same time take policy decision to ensure sustainability and the payment of adequate benefits.

Ten global challenges for social security

Media Monitor Media Monitor

26 March 2020

Financial Times (25.03.2020) Disruptions caused by coronavirus have exposed the gaps in the welfare system

26 March 2020

Eurofound (19.03.2020) The coronavirus (COVID-19) outbreak is starting to have a serious impact on the world economy. The consequences for platform workers are especially severe in light of forced work stoppages due to self-isolation and lack of sick pay in many cases. Recent media coverage shows that platform workers in the transport sector (ride hailing and food delivery) are most affected, while professional services performed online (such as remote consultations with health professionals) could help to reduce the pressure on health systems.

20 February 2020

EURACTIV.com (19.02.2020) Artificial Intelligence technologies carrying a high-risk of abuse that could potentially lead to an erosion of fundamental rights will be subjected to a series of new requirements, the European Commission announced on Wednesday (19 February).

14 February 2020

businessmirror.com.ph (13.02.2020) AS the country’s so-called gig economy industry continues to rise, lawmakers are pushing for measures to protect freelance workers by establishing a basic regulatory framework to enable them to anticipate challenges ahead.

3 February 2020

The Local (30.01.2020) Companies are increasingly outsourcing services, and as a result the number of self-employed workers in Germany has risen sharply. Many are learning that working one job is just not enough.

29 October 2019

Biometric Update (18.10.2019) The potential of biometric ID systems for abuse in some countries is a major threat to individuals, and current practices risk the world “stumbling zombie-like into a digital welfare dystopia,” according UN Special Rapporteur on extreme poverty and human rights, Professor Philip Alston.

25 October 2019

World Economic Forum (23.09.2019) Debates about the gig economy tend to focus on transportation network companies (TNCs) and other locally provided services. Less discussed but of growing importance in the world of work are cross-border, web-based, digital labour platforms.

22 October 2019

The Guardian (14.10.2019) In an exclusive global series, the Guardian lays bare the tech revolution transforming the welfare system worldwide – while penalising the most vulnerable

10 October 2019

computerweekly.com (04.10.2019) Local authorities in Sweden are using process automation through software to help social workers make decisions on benefits for claimants.

9 October 2019

World Economic Forum (04.10.2019) More than half of the people on Earth still don’t have full coverage of essential health services and almost 100 million people fall into extreme poverty from paying for healthcare. In South-East Asia, while some positive progress has been made in achieving universal health coverage (UHC), it isn’t happening fast enough.

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