Universal Social Pensions Are Unaffordable … Not! Testing the Unaffordability Hypothesis in Latin America and the Caribbean
نویسندگان
چکیده
Is universal social assistance unaffordable? Targeting policy has been praised as a magic solution to select the ‘deserving poor’ and efficiently use scarce resources in Global South. The article tests unaffordability hypothesis using five counterfactual analyses based on expenditure redirection (military expenditure, energy subsidies, potential illegal/odious external debt servicing) increasing tax revenues (income trade tax) up thirty-three countries. shows revenue-generating of taxes reprioritising expenditures from unproductive productive areas finance – totally or partly- basic pensions large part Latin America Caribbean; therefore, dispelling myth.
منابع مشابه
Latin America and the Caribbean
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ژورنال
عنوان ژورنال: Forum for development studies
سال: 2021
ISSN: ['0803-9410', '1891-1765']
DOI: https://doi.org/10.1080/08039410.2021.1998212