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As much as 91% of India’s workforce of 475 million is informal, lacking social insurance. The latest effort on social security is India’s Social Security Code 2020, which merges eight existing laws. The paper finds the Code wanting by comparing it with the principles that should guide social...
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Given the prevalence of informal labor, most countries have combined contributory social insurance programs (pensions … equity, and reduce labor market distortions. We illustrate this type of integration with the case of old-age pensions which …
Persistent link: https://www.econbiz.de/10012221755
Economists have long argued that introducing social insurance will reduce fertility. The hypothesis relies on standard models: if children are desirable in part because they provide security in case of disability or old age, then State programs that provide insurance against these events should...
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1. Introduction -- 2. The evil of a premature death -- 3. An insurance against a short life -- 4. Reversing retirement … pension systems, by offering a period of retirement to all young adults before they start their career. Such a ‘reversed …
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The paper seeks to take stock of some of the key APEC documents/reports relevant to social protection and safety net programs, and also of the experience of APEC member-economies, with special focus on the Philippines, in implementing social protection measures. In particular, it attempts to...
Persistent link: https://www.econbiz.de/10011448599