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.


New risks

The advent of the digital economy will see new risks emerging.

Among those there is the emerging digital divide, where citizens who do not have access to, or the ability to use, the new technologies, are side-lined from the mainstream.

Other issues revolve around the need to protect the large amount of personal and commercial data from unauthorized access. The issue of trust is absolutely central to the development of the digital economy, and the risk of a loss of trust in the storage of data would fundamentally challenge the development of the digital economy.

New ways to manage identity will need to be developed to provide the level of protection required. With the increase in the volume and potentially sensitive nature of the data collected, it is essential to gain trust and the consent to the use of data, whilst reducing the threat from cybercrime.

Social security programmes must adapt to the new forms of work, where the employer-employee relationship does not exist. In the absence of this bond, it becomes difficult to enforce compliance and ensure that appropriate coverage exists, contributions are paid and rights are accrued. While the scope of the issue is unknown, it could weaken the financial base of the scheme in the short term and add to social expenditure in the future.

Ten global challenges for social security

Media Monitor Media Monitor

12 September 2018 (24.08.2018) The changing nature of work is upending traditional employment. But as the gig economy, part-time jobs, contracts and other diverse and fluid forms of employment grow, what happens to the protections the traditional job market offered to people and workers?

4 September 2018 (03.07.2018) Self-employment is becoming more diversified in Europe and covers an increasing number of activities. But this small revolution raises issues when it comes to social protection.

22 August 2018

The Guardian (20.08.2018) Drivers and couriers for companies like Uber and Amazon may be at a higher risk of crashing because of the demands of gig economy work, a new study suggests.

20 August 2018 (13.07.2018) Technology and what it will do to change how we work is the driving obsession of the moment. The truth is that nobody knows for sure what will happen – the only certainty is uncertainty. How then should we plan for the jobs that don’t yet exist?

13 August 2018

IFEX (08.08.2018) G20 countries have both the opportunity and the responsibility to lead efforts to reinstate trust in the digital age. G20 members can inspire hope and embrace the goal that no country, no community, and no individual will be left behind and that their rights will be respected. G20 countries can set a digital agenda that places people at the centre.

9 August 2018 (04.08.2018) The company, called Trupo, is launching a new short-term disability insurance product. A broken leg can spell financial disaster for a freelancer.

9 August 2018

Adweek (09.08.2018) T he machines are taking over? The chat bots are coming for our jobs? Not according to the results of a recent survey conducted by market research firm OnResearch for Deloitte. However, human skills must be sharpened and updated consistently in order to remain part of the workforce.

9 August 2018

OpenGovAsia (06.08.2018) The National Health Protection Mission targets approximately 107.4 million deprived families. It has identified the occupational category of urban workers’ families as per the latest Socio-Economic Caste Census (SECC) data, for both rural and urban India.

7 August 2018

 Euronews (01.08.2018) A new industrial revolution is predicted. The digitalisation of the economy is expected to disrupt production processes, the world of work and society at large. But we still don’t have a clear idea of what this so-called digitalisation entails and its likely social impacts.

3 August 2018

IADB (24.03.2018) El futuro del trabajo es un tema cada vez más presente. El interés es creciente, a medida que constatamos cómo se intensifican algunas tendencias, como la automatización o la economía gig, de las que venimos hablando desde hace ya tres años en este mismo blog. Así que es de esperar que, este 2018, el futuro del trabajo sea un tema muy presente en las discusiones sobre mercados laborales y políticas públicas, también en América Latina y el Caribe.

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