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Economic growth is, ultimately, the result of the myriad of transactions which take place in a market economy. Similarly, the distribution of income depends on who has ownership of factors of production, how much they can sell them for, and whether the resultant income is redistributed or not....
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The paper starts with a brief look at social expenditure patterns and the importance of different social policy areas, in particular the role of social assistance policy within social protection systems. It then looks at the objectives of social assistance policy and considers payment-rates in...
Persistent link: https://www.econbiz.de/10012445446
This report analyzes the implications of recent developments in Chile's labor market and social policy and considers the available policy options from the perspective of OECD countries' experience. The report finds that Chile has experienced rising living standards over two decades of strong...
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