What is Social Protection?

Trickle-down effect

"The indirect income effect of transfers when individuals other than the formal recipient of a transfer benefit from a social transfer (for example, if grandparents receiving a pension finance the schooling of their grandchildren)".

Source: International Labour Organization. N.d. "Glossary". ILO. <https://www.social-protection.org/gimi/ShowGlossary.action?lettre=t&glosLang=EN>. Accessed 14 May 2020.