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Conclusions and Final Considerations

Bibliographic Data

ID23617342
AuthorsTruman Packard, Truman G Packard, Ugo Gentilini, Margaret Grosh, Philip O’keefe, Robert Palacios, David A Robalino, David Robalino, Indhira Santos
Year2019
Pages231-242
Publication date2019-09-30
Peer ReviewedYes
Open AccessNo
TypeCHAPTER
VenueProtecting All (SOURCE_BOOK)
PublisherThe World Bank (PUBLISHER)
DOI10.1596/978-1-4648-1427-3_ch6
OpenAlexW2979152697
ISBN9781464814273
LanguageEN
References cited8

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. Technological change, one of the global drivers of disruption, also offers opportunities for governments to transition away from, or leapfrog over, prevailing industrial-era policies and to offer more effective risk-sharing to citizens and residents. With more effective national-level insurance assistance in place to help people manage risk and uncertainty, governments would no longer need to rely as heavily on mandated firm-based, employer-provided protections as they have to date. Important lessons for social protection can emerge from universal health coverage (UHC) experiences in many countries, especially those with programs designed for poor people.

Basic income · Business · Economics · Political science · Poverty · Public economics · Redistribution (election) · Revenue · Social protection · Subsidy · Employment and Welfare Studies · Finance · Global Health Care Issues · Health disparities and outcomes · Law

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Citation velocityhistorical
Highly citedNo

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