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Achieving Effective Social Protection for All in Latin America and the Caribbean: From Right to Reality

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Achieving Effective Social Protection for All in Latin America and the Caribbean: From Right to Reality Cover

 

Synopses & Reviews

Publisher Comments:

The study focuses on three fundamental questions: how to protect the most vulnerable without promoting informality and dampening incentives to work and save; how to ensure that scarce public resources are used for subsidies that are transparent, fair, and effective and not for badly targeted and regressive benefits for formal sector workers; and how to reinforce human capital development so that more workers can insure themselves through savings or risk-pooling arrangements, reducing vulnerability and the need for subsidies. Rooted in the complex realities of the region, it recognizes that starting points, constraints, and social choices will vary. It invites policy makers to step up to the challenge of building an integrated social protection system that treats the population equitably, provides an inclusive safety net for all, promotes efficiency in service provision, and strengthens incentives to build more flexible human capital, to work, and to save.---Augusto de la Torre Chief Economist, Latin America and the Caribbean Region, The World Bank

Welcome realism and breadth, emphasizing that poverty relief, insurance, and consumption smoothing all matter; that the system must be effective in terms of the level and coverage of benefits; and that close attention needs to be paid to the incentive effects of benefits and the way they are financed.---Nicholas Barr Professor of Public Economics, London School of Economics and Political Science

An innovative conceptual framework that links social protection coverage and performance with the role of subsidies and redistributive arrangements and emphasizes their interactions with the labor market. It highlights the adverse effects of badly designed, implicit transfers and subsidies on evasion, informal work, job-search efforts, and early retirement. As an alternative, the report suggests linking contributions to benefits and moving toward an integrated system of explicit subsidies, allocated based on means (not where individuals happen to work) and financed out of general revenues (not payroll taxes). It also highlights the potential gains from better coordinating social insurance, social assistance, and labor market programs. A must-read for social protection policy makers and practitioners, in the Latin America and the Caribbean region and beyond.---Robert Holzmann Research Director, Labor Mobility Program, Marseille Center for Mediterranean Integration and former Director, Social Protection, The World Bank

Synopsis:

This study highlights the interaction between social protection programs and labor markets in the Latin America region. It presents new evidence on the limited coverage of existing programs and emphasizes the challenges caused by high informality for achieving universal social protection for old age income, for health, for unemployment risks and for anti poverty safety nets. It identifies interaction effects between SP programs and the behavioral responses of workers, firms and social protection providers, which can further undermine efforts to expand coverage, summarizing evidence from recent work across the region. It argues for a re-design of financing to eliminate cross subsidies between members of contributory programs and subsidies that effectively tax income from formal employment. Instead, it advocates well-targeted, tax-funded tapered subsidies to provide incentives to the savings efforts of low income workers, coupled with an effective safety net for the extreme poor who have no capacity to contribute to financing their own social protection arrangements. It also argues for the consolidation of programs and harmonization of benefits packages across different insurers. The book develops an overall conceptual framework and presents in-depth analysis of the main SP sectors of pensions, health, unemployment insurance and safety net transfers.

Product Details

ISBN:
9780821383995
Publisher:
World Bank Publications
Subject:
General
Author:
Ian Walker
Author:
World Bank
Author:
Walker, Ian
Author:
David, A. Robalino
Author:
Ribe, Helena
Author:
Helena Ribe
Author:
Robalino, David A.
Subject:
Social security -- Latin America.
Subject:
Public welfare -- Latin America.
Subject:
Development - Economic Development
Subject:
Social classes
Subject:
Public Policy - Social Services & Welfare
Subject:
Economics - General
Subject:
US History-Social and Economic History
Subject:
Social Science : Social Classes
Subject:
Business & Economics : General
Subject:
Political Science : Public Policy - Social Services & Welfar
Subject:
main_subject
Subject:
all_subjects
Publication Date:
June 2010
Binding:
eBooks
Language:
English

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History and Social Science » Sociology » General
History and Social Science » Sociology » Social Classes

Achieving Effective Social Protection for All in Latin America and the Caribbean: From Right to Reality
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Product details pages World Bank - English 9780821383995 Reviews:
"Synopsis" by , This study highlights the interaction between social protection programs and labor markets in the Latin America region. It presents new evidence on the limited coverage of existing programs and emphasizes the challenges caused by high informality for achieving universal social protection for old age income, for health, for unemployment risks and for anti poverty safety nets. It identifies interaction effects between SP programs and the behavioral responses of workers, firms and social protection providers, which can further undermine efforts to expand coverage, summarizing evidence from recent work across the region. It argues for a re-design of financing to eliminate cross subsidies between members of contributory programs and subsidies that effectively tax income from formal employment. Instead, it advocates well-targeted, tax-funded tapered subsidies to provide incentives to the savings efforts of low income workers, coupled with an effective safety net for the extreme poor who have no capacity to contribute to financing their own social protection arrangements. It also argues for the consolidation of programs and harmonization of benefits packages across different insurers. The book develops an overall conceptual framework and presents in-depth analysis of the main SP sectors of pensions, health, unemployment insurance and safety net transfers.
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