Financing Social Protection
Cichon, Michael / Scholz, Wolfgang / de Meerendonk, Arthur van
Designing social protection systems that are effective and equitable, as well as fiscally, financially, and economically efficient, has been both a challenge and a source of substantive debate the world over. Formal social protection systems-that use transfers in cash and in kind-redistribute between 5 percent (in developing countries) and 35 percent (in OECD countries) of their gross domestic product. One of the first volumes of its kind, thi...