Description
Book SynopsisMost countries implement social protection programs to help individuals manage risks such as unemployment, disability, illness, longevity or death. In many middle income countries, these are often based on a ''Bismarckian model'' (named after Otto von Bismarck), where benefits are financed by contributions levied on salaried employment. In countries with a large informal sector, however, only a fraction of the population is covered by this system and non-contributory programs have been added or are planned to increase coverage. This can create distortions in the labor market, and the book is about policies to expand the coverage of social insurance programs to all workers, without reducing incentives to job creation and formal work.While few would argue against the need and social merits of social insurance and social assistance programs there are growing concerns about their unintended consequences on labor markets because of poor design. The programs can distort incentives and indivi
Table of ContentsPART I: SOCIAL INSURANCE, BEHAVIORS, AND LABOR MARKETS; PART II: DEFINING THE MANDATE OF SOCIAL INSURANCE PROGRAMS; PART III: DESIGNING REDISTRIBUTIVE ARRANGEMENTS; PART IV: FINANCING SOCIAL INSURANCE
