Social security in Asia and the Pacific

Social protection service in Mongolia.

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The importance of social security in social and economic development has become more and more apparent. Social security should not be seen as a cost, but as an investment in human capital that leads to better productivity. It is also an effective way of reducing poverty, encouraging equity and supporting economic and social stability. Support is growing for the position that, even from an early stage of economic development, countries can provide basic social security benefits, and doing this will help them grow in a more equitable manner.

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