Effectiveness and Equity in Social Spending - The Case of Spain / Svetlana Vtyurina.
- Washington, D.C. : International Monetary Fund, 2020.
- IMF eLibrary
IMF Working Papers; Working Paper ; No. 20/16
IMF Working Papers
- Government document
1 online resource (27 pages)
- Spain is experiencing sustained economic and social disparities in several areas. Social spending policies have a heightened responsibility to respond but are challenged by high public debt and pressures from an aging society. This study takes stock of the level and effectiveness of public social expenditure from a cross-country and macroeconomic view, complementing recent targeted spending reviews. The results suggest that social protection spending should aim to improve redistribution through better targeting the most vulnerable while more effective education and active labor market policies should aim to create more equal opportunities and income prospects. In some areas more fiscal resources are needed. But social spending alone cannot reduce inequality, and efforts also should be directed toward making the labor market more inclusive.
- Part of the IMF eLibrary collection.
Description based on print version record.
- Other format:
- Print Version: Vtyurina, Svetlana Effectiveness and Equity in Social Spending - The Case of Spain
- 1513526006 :
- Publisher Number:
- 10.5089/9781513526003.001 doi
- Access Restriction:
- Restricted for use by site license.
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