A Critical Review of Social Insurance Analysis by Multilateral Lending Institutions
Abstract
This paper reviews the social insurance analysis of Multilateral Lending Institutions (MLI). It first describes a country's fiscal fundamentals. Consideration of how social insurance programs affect these fundamentals leads to the following conclusion: Social insurance programs cannot be meaningfully discussed in a vacuum, with little or no regard to the rest of the government's fiscal policies.Unfortunately, MLI's analyze countries' social insurance policies in isolation. Consequently, MLI's fail to show the degree to which these programs are affecting fiscal fundamentals and are, as a result, ameliorating or exacerbating macro and microeconomic problems. The failure to discuss social insurance within a broader policy context means that the social insurance recommendations being provided may neither be affordable nor advisable.
How to Cite
Kotlikoff, L. (1). A Critical Review of Social Insurance Analysis by Multilateral Lending Institutions. Economic Analysis Review, 9(1), 127-150. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/188
Issue
Section
Articles
Upon submission of an article, authors are asked to indicate their agreement to abide by an open-access license. The license permits any user to download, print out, extract, archive, and distribute the article, so long as appropriate credit is given to the authors of the work. The license ensures that your article will be as widely available as possible and that your article can be included in any scientific archive. Please read about the Creative Commons Attribution License before submitting your paper.
Except where otherwise noted, content on this site is licensed under a Creative Commons Attribution 3.0 License