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This paper analyses the role of social safety nets in the form of redistributional transfers and wage subsidies. It is argued that public welfare programs can be viewed as a crime-preventing or disruption-preventing devices because they tend to increase the opportunity cost of engaging in crime...
Persistent link: https://www.econbiz.de/10012782059
Several recent studies have examined the steady-state welfare implications of mortality differentials within unfunded Social Security systems, concluding that these differentials undermine the progressivity of the system and make society worse-off relative to alternative public pension schemes....
Persistent link: https://www.econbiz.de/10013217547
The almost continuous stagnation of the Japanese economy for the past two decades has had an adverse impact on Japanese households from at least three perspectives: A decline in the standard of living, an increase in risks and uncertainties relating to livelihood, employment, old age, etc., and...
Persistent link: https://www.econbiz.de/10010332497
able to achieve inclusive growth as dependency ratio, poverty and depletion of natural capital is very high. Also, health … incidence of poverty to the barest minimum to ensure that growth becomes inclusive. …
Persistent link: https://www.econbiz.de/10012107783
Persistent link: https://www.econbiz.de/10011813381
The aftermath of the global financial crisis of 2007 - 2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies...
Persistent link: https://www.econbiz.de/10010286146
The aftermath of the global financial crisis of 2007 - 2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies...
Persistent link: https://www.econbiz.de/10008907795
Indonesia has a very good record of poverty reduction, having halved its incidence over the past two decades …. Nevertheless, almost 30 million people still live below the national poverty line, mostly in rural areas and in certain provinces …. In order to make further progress in lifting these people out of poverty and economic vulnerability, policy needs to …
Persistent link: https://www.econbiz.de/10011399569
The aftermath of the global financial crisis of 2007-2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies to...
Persistent link: https://www.econbiz.de/10013130000
Over the past forty years the economic fortunes of Australian households have fallen into two fairly distinct periods. In the “disappointing decades” of the 1970s and 1980s, real wages stagnated, unemployment increased fourfold and male full-time employment as a proportion of the population...
Persistent link: https://www.econbiz.de/10013216300