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Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with consequences for economic and social outcomes. The paper gives a fresh and provocative look on the international perspective of the topic that has so far been dominated by social policy lawyers working within the framework of bilateral agreements; the input by economists has been very limited. It offers an analytical framework for portability analysis that suggests separating the risk pooling, (implicit or actual) pre-funding and redistributive elements in the benefit design and explores the proposed alternative approach for pensions and health care benefits. This promising approach may serve both as a substitute and complement to bi- and multilateral agreements.
Advocacy --- Arbitrage --- Benefit Formula --- Bonds --- Cash Transfers --- Child Care --- Collateral --- Contribution Rates --- Debt --- Debt Markets --- Discrimination --- Expenditures --- Finance and Financial Sector Development --- Gender --- Globalization --- Health Monitoring & Evaluation --- Health, Nutrition and Population --- Host Countries --- Human Rights --- Immigration --- Informal Sector --- Legal Framework --- Legislation --- Long-Term Care --- Low-Income Countries --- Migrant Workers --- Migration --- Morbidity --- Mortality --- Pensions & Retirement Systems --- Property Rights --- Purchasing Power --- Remittances --- Respect --- Retirement --- Retirement Income --- Risk Management --- Social Insurance --- Social Protections and Labor --- Unemployment --- Workers
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Societies across Europe and Central Asia are aging, but people are not necessarily living longer. This demographic trend-caused by a decrease in fertility rather than improved longevity-presents both challenges and opportunities for governments, the private sector, and individuals alike. Some of the challenges are well known. Output per capita becomes smaller if it is shared with an increasingly larger group of dependent older people. At a certain point, there may not be sufficient resources to maintain the living standards of this older group, especially if rising expenditures on health care,
Aging -- Economic aspects -- Asia, Central. --- Aging -- Economic aspects -- Europe. --- Population aging -- Economic aspects -- Asia, Central. --- Population aging -- Economic aspects -- Europe. --- Population aging --- Aging --- Social Welfare & Social Work --- Social Sciences --- Gerontology --- Economic aspects --- World Bank Group. --- Age --- Ageing --- Senescence --- Aging of population --- Aging population --- Aging society --- Demographic aging --- Graying (Demography) --- Greying (Demography) --- Physiological effect --- Grupa Svjetske banke --- Groupe de la Banque mondiale --- Gruppo della Banca mondiale --- Majmūʻat al-Bank al-Dawlī --- Nhóm Ngân hàng thế giới --- Developmental biology --- Longevity --- Age factors in disease --- Age distribution (Demography) --- Grupo del Banco Mundial
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What to do about the extent of unregulated informal employment and the size of the shadow economy is a dilemma that has been gaining urgency, particularly in Europe's periphery. The forces that accompany globalization put a premium on mobility and skill-renewal. Rapid population ageing will require that people work longer and be far more productive. To achieve this, social and economic institutions have to be more pro-employment, encouraging greater participation in the formal economy. And looking ahead, public financial resources will be increasingly scarce, giving urgency to measures that ca
Entrepreneurship -- Taxation -- Congresses. --- Informal labor. --- Informal sector (Economics) -- Taxation -- Europe. --- Taxation -- Europe. --- Informal sector (Economics) --- Taxation --- Management --- Business & Economics --- Industrial Management --- Hidden economy --- Parallel economy --- Second economy --- Shadow economy --- Subterranean economy --- Underground economy --- Artisans --- Economics --- Small business
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The objective of this study is to provide a long-term perspective for the ongoing policy dialogue on the management of labor migration in Europe and the Middle East and North Africa (MENA) countries. It is organized as follows. Chapter one puts the report and migration in the context of the economic and social development in MENA countries. Chapter two provides the historical context of MENA migration patterns and an overview of the presence and skill characteristics of migrants in Organization for Economic Co-operation and Development (OECD) countries today. This chapter also discusses the potential for insourcing, that is, migration of jobs into the region as an alternative or complement to labor migration. Chapter three analyzes the demand and supply framework for migration, the determinants of migration patterns, and the potential demand for labor in the European Union (EU), and the characteristics and trends of MENA labor supply. Chapter four looks to the worldwide impact of demographic and labor force developments in the decades ahead and their implications on labor and job mobility. The chapter analyzes the likely population and labor force growth in Europe and MENA, the challenges this growth poses, and the scope for demographic arbitrage between the two regions. This chapter provides the basis for the fifth and concluding chapter. Chapter five covers the institutional setup and the various economic and social protection policies and practices worldwide that have a strong and positive bearing on migration flows and presents a conceptual framework on both the labor and job sending and receiving sides that can be used by policy makers to articulate, defend, and implement a collaborative approach to the challenges ahead.
Improving Labor Markets --- International Migration --- Job Creation --- Labor Market --- Labor Markets --- Labor Mobility --- Migration --- Poverty Reduction --- Rural Development --- Rural Labor Markets --- Social Protection and Risk Management --- Social Protections and Labor
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