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Reimagining SOCIAL PROTECTION
Finance & Development, 2018-12, Vol.55 (4), p.10
Copyright International Monetary Fund Dec 2018 ;ISSN: 0015-1947 ;EISSN: 1564-5142
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Title:
Reimagining SOCIAL PROTECTION
Author:
Rutkowski, Michal
Subjects:
Consumption
;
Developing countries
;
Economic development
;
Economic growth
;
Emerging markets
;
Employment contracts
;
Households
;
Income distribution
;
Income taxes
;
Informal economy
;
Insurance coverage
;
Insurance policies
;
Labor force
;
Labor market
;
LDCs
;
Market economies
;
Risk sharing
;
Technological change
;
Unemployment
;
Workers
Is Part Of:
Finance & Development, 2018-12, Vol.55 (4), p.10
Description:
[...]social insurance participation and coverage have remained low. Informality persists on a vast scale in emerging market economies-as high as 90 percent in some low- and middle-income countries- notwithstanding technological progress. Because recent technological developments are blurring the divide between formal and informal work, there is a convergence in the nature of work between advanced and emerging market economies. An intermediate option is a negative income tax-a way to provide money to people below a certain income level-with a relatively high threshold and a gradual withdrawal of benefits. Since a negative income tax is woven into the tax declaration cycle, it tends to be paid annually. [...]as countries expand social protection toward universality, the most vulnerable should be given priority, special attention, and adequate support.
Publisher:
Washington: International Monetary Fund
Language:
English
Identifier:
ISSN: 0015-1947
EISSN: 1564-5142
Source:
AUTh Library subscriptions: ProQuest Central
Alma/SFX Local Collection
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