Truman G Packard
Biographic Data
| ID | 5821284 |
|---|---|
| NAME | Truman G Packard |
| GIVEN NAMES | Truman G |
| FAMILY NAME | Packard |
| SIGNATURE | PACKARD T G |
| AFFILIATIONS | World Bank |
| VERIFIED | No |
| TOTAL WORKS | 13 |
| TOTAL CITATIONS | 5 |
| AUTHOR COUNT | 13 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 2 |
Conclusions and Final Considerations
Reiterates the key principle of poverty prevention in social insurance policies and asserts that any other income redistribution objectives should be explicitly and transparently pursued with instruments financed from broad-based taxes. Financing the proposed protections can be achieved in many countries by reallocating existing expenditures and redeploying resources spent on broad price subsidies; in others, revenues may have to increase. Techno…
Labor Policy for a Diverse and Diversifying World of Work
Emphasizes the importance of new ideas to motivate and inform a new generation of labor market policies better suited to a diverse and diversifying world of work. Drivers of disruption—technological change and economic integration, in particular—are challenging the primacy of the archetypal standard employer-employee relationship as a formal institution, and social, demographic, and climate changes are reconfiguring the composition of the workfor…
Charting the Course for a Challenging Transition
Identifies possible fiscal and technological options for reform-minded governments and addresses the constraints imposed by legacy commitments of the risk-sharing institutions currently in place. The most formidable among these constraints is the fiscal cost of covering contingent liabilities of employment-based social insurance plans. Proposals for financing an expanded set of guaranteed protections must launch from a holistic fiscal perspective…
The Conceptual Underpinnings of Risk-Sharing Policy and the Changing Nature of Losses
Presents a framework drawn from the main conceptual underpinnings of risk-sharing policy and explains how, when applied to the drivers of disruption, new inferences can be drawn for policy makers. Tools used in actuarial and public economics illustrate policy-relevant insights about the nature of a loss, how it is best covered, and how much to expect of the private sector. Market failures on the supply and demand sides motivate policy interventio…
Prevailing Risk-Sharing Policies and Drivers of Disruption in the World of Work
Chronicles the significance of the standard employment relationship as the legal foundation of the risk-sharing policy apparatus. In most low- and middle-income countries in the second decade of the twenty-first century, the segment of people whose work resembles that standard and who are thus covered by statutory worker protection and social insurance remains very small, with policy, institutional, and administrative coordination poor or absent …
Overview
Explains the importance of a comprehensive policy package of poverty prevention and protection against livelihood shocks with a publicly financed, guaranteed-minimum risk-pooling mechanism at its core and additional layers of mandated, nudged, and wholly voluntary insurance. Effective risk-sharing policies are foundational to building equity, resilience, and opportunity, to augment people’s options for managing shocks to their livelihoods, and to…
From an Employment-Based to a Comprehensive Model of Risk Sharing
Argues for a comprehensive policy package of protection from shocks and losses that places little reliance on where or how people work. The package has a publicly financed guaranteed-minimum risk-pooling mechanism at its core, along with additional layers of mandated, nudged, and wholly voluntary market insurance. To be broadly applicable in a diverse set of countries, the proposal gives greater weight to policy objectives than to specific instru…
Protecting All
This white paper focusses on the policy interventions made to help people manage risk, uncertainty and the losses from events whose impacts are channeled primarily through the labor market. The objectives of the white paper are: to scrutinize the relevance and effects of prevailing risk-sharing policies in low- and middle-income countries; take account of how global drivers of disruption shape and diversify how people work; in light of this diver…
Labor Policy and Digital Technology Use
This paper exploits variation in country-level indicators drawn from published data to analyze the relationship between labor regulation and the use of digital technology. The analysis shows a statistically and economically significant association between digital technology use by firms and a country's statutory minimum wage and employment protection regulations. The results are robust to the inclusion of controls for level of development, econom…
Catastrophic and impoverishing effects of out-of-pocket payments for health care in Albania
The absence of or poorly functioning risk pooling mechanisms and high amounts of out-of-pocket payments for health care expose households to financial risks associated with major illnesses or accidents. The aim of this article is to analyse the extent to which out-of-pocket health spending impoverishes households in Albania. The study augments existing evidence by analysing the dynamics of such payments over different years and the weight that in…
In from the Shadow
This book is about Magda and Jacek and millions of others like them, who earn a living working full- or part-time in Europe's untaxed markets for goods, services, and labor. Magda was certified as a hairdresser years ago, and she's very proud of the salon apprenticeship she did shortly after. She learned a lot and made good friends but was never fully comfortable working for somebody else. Jacek's clients pay him in cash, and he pays his men in c…
Extending the risk pool for health in developing countries
Increasing participation in effective health risk‐pooling arrangements in developing countries is an essential component of the package of policies designed to protect vulnerable households from the impoverishing consequences of health shocks. People who are poor, those at high risk and self‐employed/informally employed workers are three groups that raise particular issues in the formulation of health risk‐pooling policy. In this paper, policy op…
Rethinking Social Security in Latin America
In the past decade, many Latin American governments have radically restructured their old age income security systems, following the lead of Chile, which undertook its major pension reform in 1981. The defining characteristic of the reforms has been a shift in the basis of public pensions from social to individual responsibility: instead of the widely used system that “collectivized” or pooled the risk of being without the capacity to earn while …
Catastrophic and impoverishing effects of out-of-pocket payments for health care in Albania
The absence of or poorly functioning risk pooling mechanisms and high amounts of out-of-pocket payments for health care expose households to financial risks associated with major illnesses or accidents. The aim of this article is to analyse the extent to which out-of-pocket health spending impoverishes households in Albania. The study augments existing evidence by analysing the dynamics of such payments over different years and the weight that in…
Extending the risk pool for health in developing countries
Increasing participation in effective health risk‐pooling arrangements in developing countries is an essential component of the package of policies designed to protect vulnerable households from the impoverishing consequences of health shocks. People who are poor, those at high risk and self‐employed/informally employed workers are three groups that raise particular issues in the formulation of health risk‐pooling policy. In this paper, policy op…
Rethinking Social Security in Latin America
In the past decade, many Latin American governments have radically restructured their old age income security systems, following the lead of Chile, which undertook its major pension reform in 1981. The defining characteristic of the reforms has been a shift in the basis of public pensions from social to individual responsibility: instead of the widely used system that “collectivized” or pooled the risk of being without the capacity to earn while …
Extending the risk pool for health in developing countries
Increasing participation in effective health risk‐pooling arrangements in developing countries is an essential component of the package of policies designed to protect vulnerable households from the impoverishing consequences of health shocks. People who are poor, those at high risk and self‐employed/informally employed workers are three groups that raise particular issues in the formulation of health risk‐pooling policy. In this paper, policy op…
In from the Shadow
This book is about Magda and Jacek and millions of others like them, who earn a living working full- or part-time in Europe's untaxed markets for goods, services, and labor. Magda was certified as a hairdresser years ago, and she's very proud of the salon apprenticeship she did shortly after. She learned a lot and made good friends but was never fully comfortable working for somebody else. Jacek's clients pay him in cash, and he pays his men in c…
Catastrophic and impoverishing effects of out-of-pocket payments for health care in Albania
The absence of or poorly functioning risk pooling mechanisms and high amounts of out-of-pocket payments for health care expose households to financial risks associated with major illnesses or accidents. The aim of this article is to analyse the extent to which out-of-pocket health spending impoverishes households in Albania. The study augments existing evidence by analysing the dynamics of such payments over different years and the weight that in…
Labor Policy and Digital Technology Use
This paper exploits variation in country-level indicators drawn from published data to analyze the relationship between labor regulation and the use of digital technology. The analysis shows a statistically and economically significant association between digital technology use by firms and a country's statutory minimum wage and employment protection regulations. The results are robust to the inclusion of controls for level of development, econom…
Conclusions and Final Considerations
Reiterates the key principle of poverty prevention in social insurance policies and asserts that any other income redistribution objectives should be explicitly and transparently pursued with instruments financed from broad-based taxes. Financing the proposed protections can be achieved in many countries by reallocating existing expenditures and redeploying resources spent on broad price subsidies; in others, revenues may have to increase. Techno…
Labor Policy for a Diverse and Diversifying World of Work
Emphasizes the importance of new ideas to motivate and inform a new generation of labor market policies better suited to a diverse and diversifying world of work. Drivers of disruption—technological change and economic integration, in particular—are challenging the primacy of the archetypal standard employer-employee relationship as a formal institution, and social, demographic, and climate changes are reconfiguring the composition of the workfor…
Charting the Course for a Challenging Transition
Identifies possible fiscal and technological options for reform-minded governments and addresses the constraints imposed by legacy commitments of the risk-sharing institutions currently in place. The most formidable among these constraints is the fiscal cost of covering contingent liabilities of employment-based social insurance plans. Proposals for financing an expanded set of guaranteed protections must launch from a holistic fiscal perspective…
The Conceptual Underpinnings of Risk-Sharing Policy and the Changing Nature of Losses
Presents a framework drawn from the main conceptual underpinnings of risk-sharing policy and explains how, when applied to the drivers of disruption, new inferences can be drawn for policy makers. Tools used in actuarial and public economics illustrate policy-relevant insights about the nature of a loss, how it is best covered, and how much to expect of the private sector. Market failures on the supply and demand sides motivate policy interventio…
Prevailing Risk-Sharing Policies and Drivers of Disruption in the World of Work
Chronicles the significance of the standard employment relationship as the legal foundation of the risk-sharing policy apparatus. In most low- and middle-income countries in the second decade of the twenty-first century, the segment of people whose work resembles that standard and who are thus covered by statutory worker protection and social insurance remains very small, with policy, institutional, and administrative coordination poor or absent …
Overview
Explains the importance of a comprehensive policy package of poverty prevention and protection against livelihood shocks with a publicly financed, guaranteed-minimum risk-pooling mechanism at its core and additional layers of mandated, nudged, and wholly voluntary insurance. Effective risk-sharing policies are foundational to building equity, resilience, and opportunity, to augment people’s options for managing shocks to their livelihoods, and to…
From an Employment-Based to a Comprehensive Model of Risk Sharing
Argues for a comprehensive policy package of protection from shocks and losses that places little reliance on where or how people work. The package has a publicly financed guaranteed-minimum risk-pooling mechanism at its core, along with additional layers of mandated, nudged, and wholly voluntary market insurance. To be broadly applicable in a diverse set of countries, the proposal gives greater weight to policy objectives than to specific instru…
Protecting All
This white paper focusses on the policy interventions made to help people manage risk, uncertainty and the losses from events whose impacts are channeled primarily through the labor market. The objectives of the white paper are: to scrutinize the relevance and effects of prevailing risk-sharing policies in low- and middle-income countries; take account of how global drivers of disruption shape and diversify how people work; in light of this diver…
Economics (12 works) · Political science (9 works) · Employment and Welfare Studies (7 works) · Business (6 works) · Public economics (6 works) · Engineering (5 works) · Law (5 works) · Poverty (5 works) · Economic growth (4 works) · Finance (4 works)