Research Catalog

Income transfers and the social safety net in Russia

Title: Income transfers and the social safety net in Russia / Nicholas Barr.
Author: Barr, N. A.
Publication: Washington, D.C. : World Bank, ©1992.

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Status	Format	Access	Call Number	Item Location
Request for On-site Use Request Scan How do I pick up this item and when will it be ready?	Book/Text	Use in library	HD7197.2 .B37 1992	Off-site

Details

Description

vii, 50 pages : illustrations; 28 cm.

Summary

The decision to move to a market economy sets in motion two major forces: (i) a widening of earnings and income distribution, a result of wage and price liberalization, is an inherent part of reform; and (ii) declining output, which is a not an inherent part of the reform, but a side effect, which aggravates poverty, and results in a fall in the real wage base and in profits, and hence creates a fiscal crisis. This report gives five paramount recommendations which will address the three major issues of poverty relief, cost containment, and the strengthening of administrative capacity. The first is that the minimum level of the major benefits should be at or above subsistence and, at least in the short run, should be fully protected against inflation. Second, cost containment should be considered from the beginning. Third, administrative capacity should be strengthened, in particular the administration of cash benefits, which needs modernization. Fourth, social insurance and pension contributions should be shared between worker and employer, with the worker's contribution appearing on his or her payslip. Finally fifth, compatibility of short-run and long-run policies should be part of policy design.

Series Statement

Studies of economies in transformation, 1014-997X ; paper no. 4

Uniform Title

Studies of economies in transformation ; paper no. 4.

Subject

Bibliography (note)

Includes bibliographical references (p. 47-48).

ISBN

0821322680
9780821322680

LCCN

92033406
ZBWT00428484

OCLC

ocm26666093
26666093
SCSB-1989762

Owning Institutions

Princeton University Library