Countries in Asia and the Pacific need to extend social protection coverage for all. Doing so would help them build back better after the COVID-19 pandemic. It would also help them tackle a range of compounding challenges arising from population ageing, migration, urbanization, technological advancements, disasters and climate change.
Yet, as this report finds, social protection systems in the region are riddled with gaps.
To assist policymakers in their efforts to broaden social protection coverage, the report provides evidence that investing in basic social protection would have an immediate impact on poverty, inequality and purchasing power, while being within financial reach for most countries.