By Howard Jones (auth.)
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Additional info for Social Welfare in Third World Development
Taiwan and Korea are often referred to as examples of what can be achieved by free enterprise, but they put their development on course by widespread government planning and control. Even the subsequent economic liberalisation claimed for these two 'baby tigers' was limited; having started from such a high level of state intervention much intervention is still in place. Japan's protectionist policies are well known, but industrial development was fostered by the Japanese government in many other ways.
Taiwan (Chan, 1984; Kaim-Caudle, 1983) and Malaysia (Chin, 1984, pp. 33ff) have more fullfledged social insurance schemes, to which both employers and workers contribute. Malaysia finances not only certain medical services, but also a lump sum for maintenance in disability or old age, or to meet funeral expenses - likely to be considerable in a Chinese country. The Malaysian scheme covers only two contingencies, viz. disability due to industrial injury, or invalidity which prevents gainful employment.
Pp. 142-3). 44 Social Welfare in Third World Development Exhibit 2. 1 Social security in South-East Asia Hong king, apart from providing subsidies to private charities, relies entirely on means-tested relief. Singapore supplements minimal non-contributory relief by the device already mentioned- the Central Provident Fund. This is a form of compulsory saving, according to income, mainly to provide a lump sum on retirement and very short-term benefits for sickness, maternity or redundancy. Taiwan (Chan, 1984; Kaim-Caudle, 1983) and Malaysia (Chin, 1984, pp.
Social Welfare in Third World Development by Howard Jones (auth.)