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

27 February 2018

Le Temps (13.02.2018) Le salariat s’effiloche et c’est tout notre système social qui devra être revu pour protéger les travailleurs vulnérables de la «gig economy». A l’ère du travail indépendant et des robots collaboratifs, il faudra trouver le moyen d’asseoir une solidarité 4.0

24 February 2018

forbes.com (08.05.2017) Blockchain technology is making headlines everywhere. If you have recently attended any tech events it is highly likely that you came out of them having heard just that bit more about it. Everybody is talking about blockchain--from the President of the United States to the Nigerian government.

22 February 2018

Report McKinsey Global Institute (October 2017) Europe, while making progress, is behind the US and China in capturing the opportunities of artificial intelligence and automation. Digitization is everywhere, but adoption is uneven across companies, sectors, and economies, and the leaders are capturing most of the benefits. Accelerating progress in AI and automation now bring further opportunities for users, businesses, and the economy. Europe, while making progress, is behind the United States and China. This briefing note was prepared for the European Union Heads of State Tallinn Digital Summit, which brought together heads of state and CEOs to discuss the steps needed to enable people, enterprises, and governments to fully tap into the potential of innovative technologies and digitization.

22 February 2018

La Prensa (21.02.2018) En mayo 2017, el McKinsey Global Institute se sumó al creciente número de organizaciones que se pronuncian con respecto al impacto de la tecnología sobre el futuro del trabajo. En un informe preparado por James Manyika, titulado Tecnología, empleos y el futuro del trabajo, advierte que la automatización, las plataformas digitales y otras innovaciones están cambiando la naturaleza fundamental del trabajo, por lo que comprender estos cambios puede ayudar a los líderes políticos, empresariales y sindicales a sacar provecho de estas tendencias.La automatización habilitada por tecnologías que incluyen la robótica e inteligencia artificial ofrece la promesa de una mayor productividad, eficiencia, seguridad y comodidad.menos al 323-6400.

19 February 2018

mckinsey.com (august 2017) China is already more digitized than many observers appreciate and has the potential to set the world’s digital frontier in coming decades. China has one of the most active digital-investment and start-up ecosystems in the world, according to a new discussion paper from the McKinsey Global Institute (MGI), China’s digital economy: A leading global force. China is in the top three in the world for venture-capital investment in key types of digital technology, including virtual reality, autonomous vehicles, 3-D printing, robotics, drones, and artificial intelligence (AI).

19 February 2018

20 Minuten (15.02.2018) Die meisten Stimmbürger finden: Ersetzen Roboter Arbeitnehmer, sollen Unternehmen eine Steuer zahlen. Economiesuisse warnt davor. S elf-Scanning-Kassen, selbstfahrende Autos, elektronische Patientendossiers: Die Digitalisierung ist auf dem Vormarsch. Nun zeigt eine gewichtete Umfrage von Vimentis, dass 51 Prozent der Stimmbevölkerung diese Entwicklung als Chance wahrnehmen. 32 Prozent empfinden die Digitalisierung als Gefahr. Angst davor haben vor allem Frauen, SVP-Wähler und Menschen mit einem tieferen Einkommen und Bildungsstand.

19 February 2018

indiatoday (19.02.2018) Adoption of digital technology for better governance has always been central to the Indian governments policy and the country is committed to carrying out reforms in health sector by using it, Union Health Minister J P Nadda said today. Information and Communication Technology (ICT) has great potential in improving delivery of healthcare services, he said and stressed on building digital health ecosystem in partnership with private healthcare providers, academia, industry, patient groups and regulatory bodies.

15 February 2018

FTAdviser (15.02.2018) Pension switching platform PensionBee has teamed up with a bank to allow savers to manage their pension "like a bank account".As part of a deal with Starling Bank, the platform will be integrated into the bank's app, allowing savers to see their live pension alongside their current account balance. 

14 February 2018

Impact Insurance (dec 2017) Since May 2017, the ILO´s Impact Insurance Facility has been working in partnership with the National Health Insurance Authority (NHIA) in Ghana. The project aims to expand population coverage of the National Health Insurance Scheme by designing a simplified user-friendly digital renewal process.

12 February 2018

Lexology (05.02.2018) The Statutory Accident Insurance (Gesetzliche Unfallversicherung) has recently argued that operators of internet platforms such as Uber, Airbnb and MyHammer should be included in the accident insurance system like any other employer. Accident insurance is one branch of the social security system in Germany, the contributions to which are traditionally shared between employer and employee. It covers costs for the prevention of occupational accidents and diseases (insured events) and the compensation of damage after the occurrence of an insured event. Costs are ultimately borne entirely by the employers in a pay-as-you-go system, depending also on the risk level of the work performed by their employees. However, independent contractors are not covered by this system.

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