poverty inequality and social policy in transition economies is popular PDF and ePub book, written by Branko Milanovic in 1999, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, poverty inequality and social policy in transition economies can be Read Online from any device for your convenience.
poverty inequality and social policy in transition economies Book PDF Summary
November 1995 What happens to poverty and income inequality during the early period of transition to a market economy? Poverty is on the rise, and income inequality widens. Better targeting of social assistance and pension reform are the necessary policy reforms. In examining what happens to poverty and income inequality during the early period of transition to a market economy, Milanovic covers the period up to 1993. His analysis includes almost all transition economies that were not affected by wars, blockades, or embargoes. (In economies so affected, the intrinsic issues of transition are overshadowed by more basic issues of war or quasi-war economy and survival.) The two key issues of social policy in transition economies are pension reform and better targeting of social assistance. Pensions represent 70 to 80 percent of cash social expenditures. No reduction of current levels of social spending (which is unsustainable) can be envisaged without pension reform. Better targeting of social assistance is needed because many universally or enterprise-provided benefits have been terminated, poverty has increased, and social programs lack funding. If poverty is on the rise and money is scarce, better targeting is the only option. This paper -- a product of the Transition Economics Division, Policy Research Department -- is part of a larger effort in the department to study social effects of transition.
Detail Book of poverty inequality and social policy in transition economies PDF
- Author : Branko Milanovic
- Release : 22 September 1999
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Uncategoriezed
- Total Page : 64 pages
- Language : English
- PDF File Size : 10,9 Mb
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