Author Description

"Designing social protection systems that are effective and equitable, and fiscally, financially and economically efficient, has been a challenge for many countries as well as a source of substantive debate the world over. Formal social protection systems (through transfers in cash and in kind) redistribute between 5 per cent (in developing countries) and 35 per cent (in OECD countries) of their gross domestic product. One of the first volumes of its kind, this book addresses these challenges by offering a comprehensive overview of the many financing options available, while also providing a thorough analysis of their advantages and disadvantages and their financial and economic implications."--BOOK JACKET.