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Social Investment as a New Paradigm of Social Policy

100%
Dudová I.
DANUBE: Law and Economics Review
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2013
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vol. 4
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issue 3
231-242
EN
The objective of this paper is to evaluate the importance and potential benefits of social investment, particularly during times of economic imbalance. Social investment represents a new paradigm of social policy and a new approach to the economic challenges we are currently facing. The investigation concludes that this concept is based mainly on modernizing Europe’s social protection systems to ensure their sustainability, while enabling them to respond to new social needs. In times of crisis, the concept of social investment allows it to be seen in a new context as a new opportunity, because the crisis puts pressure on European countries to change their social models. In terms of long-term social policy, there must be a collective investment strategy that shapes the ability of individuals and families so that they can cope with new social risks and new economic conditions. A social investment pact should promote a positive path for the development of public policies in a situation where European states are facing budget deficits and a debt crisis. The modernizing of social policy requires that decisions on funding are led by results ex ante and systematically address the role of social policies in the various stages of an individual’s life.
2
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Inwestycje społeczne w Polsce na tle wybranych rozwiązań europejskich

86%
Klimowicz M., Michalewska-Pawlak M., Moroń D.
Studia Europejskie-Studies in European Affairs
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2018
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vol. 1
161-178
EN
The paper presents the research results of the Innovative Social Investment Strenghtening Communities in Europe (InnoSI) project. The main objective of the paper is to analyse the social investment approach implemented in the practice of social policy in Poland. The social investment instruments established in other selected European countries are also included in this article. After introducing the theoretical and conceptual background of social investment, the following models of social policy in Europe are described: Anglo-Saxon, Continental, Mediterranean and Nordic. The typology proposed by G. Esping-Andersen is used to present the approaches to social investment in four European countries represent four models: the Great Britain, Germany, Greece and Finland. Then the Polish social policy case study is analysed. The results of scientific literature review and policy analysis show that Poland represents another type of social policy model, named as paternalistic-market hybrid, inspired by different European solutions. In this model the social investment instruments like for instance parental leaves, vocational trainings, and social activation of elderly people go together with traditional social compensation and benefits.
3
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European Social Investment Paradigm and the South Asian Social Business Model in the Context of Socio-Economic Inclusion Effectiveness

58%
Makarewicz A.
Athenaeum. Polskie Studia Politologiczne
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2022
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vol. 76
279-295
PL
Głównym celem artykułu jest wskazanie wkładu paradygmatu Inwestycji Społecznych oraz modelu Biznesu Społecznego w proces integracji społeczno-gospodarczej. Do osiągnięcia celu wykorzystane zostanie pojęcie efektywności społecznej oraz metody jej pomiaru. Biznes społeczny opiera się na pożyczkach dla najuboższych i mikrokredytach dla tych, którzy są w stanie zapłacić odsetki, jednak dla systemu bankowego pozostają niewiarygodni. Zgodnie z europejskim paradygmatem Inwestycji Społecznych wydatki rządu na usługi społeczne nie powinny być dłużej postrzegane jako redystrybucja, ale konceptualizowane jako inwestycje, które przynoszą zwrot w postaci większego udziału w rynku pracy, większej wydajności pracowników itd. Te dwa rozwiązania mają wspierać inkluzję społeczno- -ekonomiczną przede wszystkim poprzez zwalczanie ekskluzji finansowej, definiowanej jako sytuacja finansowa, która wiąże się z brakiem lub odmową dostępu do zasobów, towarów i usług oraz niemożnością uczestniczenia w życiu społecznym.
EN
The main objective of the paper is to indicate the contribution of Social Investment paradigm and the Social Business model to the process of socioeconomic inclusion. The concept of social effectiveness and the methods of its measurement will be used to achieve the objective. Social Business is built on loans for the poorest and micro-credits for those who can afford to pay interest, however, for the banking system they remain unreliable. According to the European Social Investment paradigm, the government’s spending on social services should not be perceived as redistribution but rather conceptualized as investments that bring a return in the form of larger share in the labour market, greater employee productivity, etc. These two solutions are to support socioeconomic inclusion by combating, above all, financial exclusion defined as financial situation which involves the lack of access to the resources, goods and services, and the inability to participate in social life.
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