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- W4212831738 abstract "Coverage of social-protection schemes in Latin America remains low, at well below 50% of workers. This can be explained by the dual structure of labour markets in the region: labour informality remains high, and the majority of informal workers contribute irregularly, if at all. The number of informal workers among Latin America’s middle sectors is high. Social-protection systems fail to reach even half of middle-sector workers, leaving many of them without adequate employment protection and access to social safety nets. This situation represents a pressing challenge for public policy, since low levels of affiliation and irregular contribution histories put people at a high risk of significant downward social mobility when they get sick, lose their job, or retire. Three key features of Latin America’s economic situation must guide a pragmatic social-protection reform: high levels of labour informality, a still relatively young population, and limited fiscal resources. To aid decision makers in the design of appropriate policies, this chapter assesses alternative pension reforms including ex post policies (i.e. after retirement, such as social pensions), and ex ante policies (i.e. during working life, especially matching defined contributions)." @default.
- W4212831738 created "2022-02-24" @default.
- W4212831738 date "2010-12-03" @default.
- W4212831738 modified "2023-09-26" @default.
- W4212831738 title "Social Protection and Labour Informality in the Middle Sectors" @default.
- W4212831738 doi "https://doi.org/10.1787/leo-2011-8-en" @default.
- W4212831738 hasPublicationYear "2010" @default.
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