The potential impact of introducing a social security system in the State of Palestine
A computable general equilibrium approach
Bibliographic Data
| ID | 9971139 |
|---|---|
| Authors | Tareq Sadeq (Birzeit University Birzeit West Bank State of Palestine), Mohanad Ismael (Birzeit University Birzeit West Bank State of Palestine, corresponding author), Ali Jabarin (MAS Ramallah State of Palestine), Lulit Mitik (Consultant Addis Ababa Ethiopia) |
| Year | 2023 |
| Volume | 76 |
| Issue | 2 |
| Pages | 55-75 |
| Publication date | 2023-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Social Security Review (JOURNAL) |
| Journal identifiers | ISSN: 0020-871X • E-ISSN: 1468-246X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/issr.12325 |
| OpenAlex | W4379876743 |
| Language | EN |
| References cited | 21 |
This article assesses the potential impact for the State of Palestine (West Bank and Gaza) of enforcing the enactment of the currently suspended Social Security Law (No. 19 of 2016). Using a computable general equilibrium model, we simulate different scenarios associated with the enactment of the social security system on key macroeconomic variables, such as GDP, private consumption, government spending, investment and employment, for the period 2020–2030. We evaluate the influence on the economy of introducing a social security system for private‐sector workers, as set out in the 2016 law, and compare the simulation results of each scenario to the baseline. In each scenario, we consider different options concerning severance payment duration and different options for the investment strategy of social security contributions. However, for employees in Gaza, the article does not consider severance payments due to economic difficulties and the Israeli closure policy
Computable general equilibrium · Economics · General equilibrium theory · Government (linguistics · Investment (military · Labour economics · Macroeconomics · Market economy · Palestine · Payment · Political science · Politics · Public economics · Severance · Social security · State (computer science · Transfer payment · Agricultural risk and resilience · Computer Science · Finance · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Law
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| Highly cited | No |
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