Toward a new social contract : taking on distributional tensions in Europe and Central Asia

"The growing economic fissures in the societies of Europe and Central Asia between generations, between insiders and outsiders in the labor market, between rural and urban communities, and between the super-rich and everyone else, are threatening the sustainability of the social contract. The i...

Full description

Bibliographic Details
Main Authors: Bussolo, Maurizio, Dávalos, María E., Peragine, Vito, Sundaram, Ramya
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2019
World Bank
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19306208124911244809-Toward-a-new-social-contract-t.htm
_version_ 1771659902747410433
author Bussolo, Maurizio
Dávalos, María E.
Peragine, Vito
Sundaram, Ramya
author_facet Bussolo, Maurizio
Dávalos, María E.
Peragine, Vito
Sundaram, Ramya
collection Library items
description "The growing economic fissures in the societies of Europe and Central Asia between generations, between insiders and outsiders in the labor market, between rural and urban communities, and between the super-rich and everyone else, are threatening the sustainability of the social contract. The institutions that helped achieving a remarkable degree of equity and prosperity over the course of several decades now face considerable difficulties in coping with the challenges presented by these emerging forms of inequality. Public surveys reveal rising concerns over inequality of opportunity, while electoral results show a marked shift to populist parties that offer radical solutions to voters dissatisfied with the status quo. There is no single solution to relieve these tensions, and attempts to address them will vary considerably across the region. However, this publication proposes three broad policy principles: (1) promote labor market flexibility while maintaining protection for all types of labor contracts; (2) seek universality in the provision of social assistance, social insurance, and basic quality services; and (3) expand the tax base by complementing progressive labor-income taxation with taxation of capital. These principles could guide the rethinking of the social contract and fulfil European citizens’ aspirations for growth and equity."
format TEXT
geographic Europe
Central Asia
id 19306208124911244809_d5074746a3a94e1693de4c5f2b8f2b68
institution ETUI-European Trade Union Institute
is_hierarchy_id 19306208124911244809_d5074746a3a94e1693de4c5f2b8f2b68
is_hierarchy_title Toward a new social contract : taking on distributional tensions in Europe and Central Asia
language English
physical 224 p.
Digital
publishDate 2019
publisher Washington, DC
World Bank
spellingShingle Bussolo, Maurizio
Dávalos, María E.
Peragine, Vito
Sundaram, Ramya
income distribution
social policy
social inequality
welfare state
Toward a new social contract : taking on distributional tensions in Europe and Central Asia
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=137442495562
title Toward a new social contract : taking on distributional tensions in Europe and Central Asia
topic income distribution
social policy
social inequality
welfare state
url https://www.labourline.org/KENTIKA-19306208124911244809-Toward-a-new-social-contract-t.htm