Abstract
The need for a social security system can in different ways be derived from the failure of some individuals to command enough commodities (including services) to meet the standard of living conventionally defined as the ‘acceptable’ or ‘satisfactory’ minimum. Such a failure may occur for different reasons. Using the concepts of Amartya Sen,1 two parameters will be of fundamental importance in deciding whether an individual will fall short of the minimum acceptable standard; his endowment, that is his original ownership bundle (commodities and labour), and his exchange entitlement, i.e. the alternative commodity bundles that he can acquire, given his endowment, through trade or through production.
* This research has been funded by a SAREC grant. Thanks are due to Ari Kokko for comments.
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© 1993 Christopher Abel and Colin M. Lewis
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Lundahl, M. (1993). Social Security in Haiti: Informal Initiative in a Welfare-less State. In: Abel, C., Lewis, C.M. (eds) Welfare, Poverty and Development in Latin America. St Antony’s/Macmillan Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11325-5_14
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