Financing social protection to reduce income inequality: Ways forward

What type of tax policy is needed to guarantee the universality of social protection? Good practices and possible ways forward

D6
Lab debate
Wednesday, June 19, 2019
13:00 to 14:15

Social protection has great potential to reduce income inequality. The way social protection policy implementation is financed could contribute to a solidarity-based society in which the strongest shoulders carry the biggest burden. There are mainly two domestic sources from which to finance social protection – contributions through labour and general taxes. It is important to better understand these funding mechanisms and their potential impact on the redistribution of wealth within a society. It is key to avoid the belief that solidarity is organised amongst the poor. It is also key to guarantee the universality of social protection to ensure no one is left behind and to include gender-sensitivity in the design and financing of social protection schemes.

Organised by

Speakers

Moderator
Hilde Van Regenmortel
Thematic Officer - Active Citizens for Social Justice
Oxfam
Stephen Kidd
Senior Social Policy Specialist
Development Pathways
Evelyn Astor
Policy Advisor
International Trade Union Confederation
Alexander Pick
Economist
OECD Development Centre