RESPONSES OF SOCIAL SECURITY POLICIES DURING THE PANDEMIC: CASE OF ALBANIA AND NORTH MACEDONIA
Research Article
RESPONSES OF SOCIAL SECURITY POLICIES DURING THE PANDEMIC: CASE OF ALBANIA AND NORTH MACEDONIA
ABSTRACT
Taking into consideration the outbreak of the pandemic all countries around the world have faced a numerous of social challenges. In this paper it is intended to track the policies and expenditures of social security and see the similarities and differences of countries in facing these difficulties, focusing on the responses and social security policies and what was their approach towards the covid 19 crisis during 2019- 2020 period of time. This paper will try to analyze the characteristics of social security system and the policies of North Macedonia and Albania during the pandemic. The paper is organized as follows. After briefly reviewing the COVID-19 situation and economic data, we review the social security and related measures implemented to address economic and social consequences of the COVID-19 pandemics during the first lockdown. This is followed by a preliminary assessment of the effects of the COVID-19 response measures on the labor market and the household income. Then it is concluded by lessons learned so far and discuss future prospects. In the context of the Republic of North Macedonia and Albania, the coordination of the social security system is particularly affected. The pandemic has caused a deep socio-economic crisis, with thousands out of work or working part-time. In such circumstances the national social security system has a strong role to support insured persons, healthcare professionals and the economy at large. The analysis shows not so much differences on how they handled the social policies and expenditures during this period were identified, however this study can help the policymakers to take corrective actions if the pandemic will continue in coming years. Conclusions and recommendations will be given at the end.
AMETI, T.,
(2021). RESPONSES OF SOCIAL SECURITY POLICIES DURING THE PANDEMIC: CASE OF ALBANIA AND NORTH MACEDONIA. Trends in Economics, Finance, and Management Journal, 3(1), 61-77. Arrival Date Posted By:https://tefmj.ibupress.com/articles/responses-of-social-security-policies-during-the-pandemic-case-of-albania-and-north-macedonia
