There has been much discussion and debate on the kind of institutions and policies that could best address poverty and vulnerability in developing countries. Financing has emerged as a key constraint on the extension of social protection. The paper considers the main sources, and key...

In many OECD countries, the majority of social spending is financed from earmarked revenues, and a large share of revenues earmarked for any type of government spending is used for social purposes. Tying revenue sources to specific expenditure categories has a number of potential advantages and...