Good Intentions, Bad Outcomes: Social Policy, Informality, and Economic Growth in Mexico

摘要: Despite various reform efforts, Mexico has experienced economic stability but little growth. Today more than half of all Mexican workers are employed informally, and one out every four is poor. Good Intentions, Bad Outcomes argues that incoherent social programs significantly contribute to this state affairs it suggests reforms improve the situation. Over past decade, channeled an increasing number resources into subsidizing creation low-productivity, informal jobs. These have hampered growth, fostered illegality, provided erratic protection workers, trapping many in poverty. Informality boxed a dilemma: provide benefits at expense lower growth reduced productivity or leave millions without benefits. Former finance official Santiago Levy proposes how convert existing system security for formal universal entitlements. He advocates eliminating wage-based contributions raising consumption taxes on higher-income households simultaneously increase rate GDP, reduce inequality, workers. Intentions , c onsiders whether can build success Progresa-Oportunidades, targeted poverty alleviation program originated been replicated over 25 countries as well New York City. It sets forth plan policy, essential element equitable sustainable development strategy Mexico.