Submitted Assignment from the year 2019 in the subject Business economics - Economic Policy, grade: 80.00, University of Malta (Department of Social Policy), course: B.A. (Hons) Social Wellbeing Studies, language: English, abstract: The social security system is aimed towards supporting residents by providing them with financial support as well as maintaining their overall wellbeing and protecting them from poverty. In the Maltese scenario this system is regulated under Chapter 318 of the Laws of Malta. Social security benefits are important in society as they support residents and vulnerable groups from becoming financially deprived. Yet, I personally feel that more monitoring needs to be adopted in order to ensure that such benefits are really going to people who need them rather than to those who do not. The government spends a lot of money in this area and residents contribute to be entitled for certain benefits, so it is important to ensure that the right people are receiving these benefits.

At head of title on cover: Case history.

This book addresses the long-standing global issue of poverty. An introductory chapter explores concepts and definitions of poverty, the subsequent chapters providing detailed examinations of poverty in ten different countries: UK, USA, Australia, Canada, Hong Kong, Ireland, Malta, The Netherlands, The Philippines and Zimbabwe. Each chapter follows a consistent format, to facilitate comparison and focuses on the following issues:- * the socio-economic and historical context within which poverty exists * the extent and nature of poverty its causes * the measures that have been taken to mitigate it. This book will be essential reading for students of social policy and administration as well as development studies and anthropology.

This Selected Issues paper assesses the marginal impact of promoting inclusive growth in Malta. The paper uses a multi-country simulation model, the IMF’s Flexible System of Global Models calibrated for Malta, is used to analyze the macroeconomic impacts of ongoing and potential future reforms. Three different policies are analyzed, namely: increasing childcare and after care benefits; extending working lives; and upskilling the labor force. The model shows that the reduction of absolute poverty has been accompanied by rising inequality. The simulation evaluates the macroeconomic impact of introducing free childcare, which is the actual government policy since 2015. Simulations show that policies that are primarily aimed at improving social inclusion also end up boosting potential output, thereby mitigating the fiscal cost of such policies in the long term. Recent declines in poverty rate can partly be ascribed to the cycle, however, recent structural reforms likely have had a significant impact on growth.