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Good Intentions, Bad Outcomes - Social Policy, Informality, and Economic Growth in Mexico (Paperback)
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Good Intentions, Bad Outcomes - Social Policy, Informality, and Economic Growth in Mexico (Paperback)
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Despite various reform efforts, Mexico has experienced economic
stability but little growth. Today more than half of all Mexican
workers are employed informally, and one out of every four is poor.
Good Intentions, Bad Outcomes argues that incoherent social
programs significantly contribute to this state of affairs and it
suggests reforms to improve the situation. Over the past decade,
Mexico has channeled an increasing number of resources into
subsidizing the creation of low-productivity, informal jobs. These
social programs have hampered growth, fostered illegality, and
provided erratic protection to workers, trapping many in poverty.
Informality has boxed Mexico into a dilemma: provide benefits to
informal workers at the expense of lower growth and reduced
productivity or leave millions of workers without benefits. Former
finance official Santiago Levy proposes how to convert the existing
system of social security for formal workers into universal social
entitlements. He advocates eliminating wage-based social security
contributions and raising consumption taxes on higher-income
households to simultaneously increase the rate of growth of GDP,
reduce inequality, and improve benefits for workers. Good
Intentions, Bad Outcomes c onsiders whether Mexico can build on the
success of Progresa-Oportunidades, a targeted poverty alleviation
program that originated in Mexico and has been replicated in over
25 countries as well as in New York City. It sets forth a plan to
reform social and economic policy, an essential element of a more
equitable and sustainable development strategy for Mexico.
General
Imprint: |
Brookings Institution Press
|
Country of origin: |
United States |
Release date: |
May 2008 |
First published: |
May 2008 |
Authors: |
Santiago Levy
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Dimensions: |
233 x 154 x 22mm (L x W x T) |
Format: |
Paperback
|
Pages: |
357 |
ISBN-13: |
978-0-8157-5219-6 |
Categories: |
Books >
Business & Economics >
Economics >
Labour economics >
General
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LSN: |
0-8157-5219-9 |
Barcode: |
9780815752196 |
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