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National Provident Funds: The Challenge of Harmonizing Their Social Security, Social and Economic Objectives
Authors:John Dixon
Affiliation:John Dixon is head of the Department of Social Sciences at Lingnan College, Hong Kong. His research interests focus on comparative social welfare, social security policy and administrative reform, a field in which he is published widely. He also serves as general editor of Routledgeapos;s seven-volume Cornparafive Social Welfare series.
Abstract:This paper examines the national provident funds (NPFs) that operate in 23 developing countries which seek to provide their members with basic social security protection by means of compulsory savings (see Appendix). It explores how the juxtaposition of economic, social and social security objectives has made NPFs generally resilient to fundamental change and has, in some instances, resulted in the evolution of a social security hybrid—neither a pure compulsory savings scheme nor a social insurance system.
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