Unemployment Compensation throughout the World: A Comparative Analysis

By Wayne Vroman; Vera Brusentsev | Go to book overview

9

Conclusion

Unemployment compensation programs provide an important source of income support to many unemployed persons and families throughout the world. We have argued that the 70 countries with UC programs vary in terms of macroeconomic performance, particularly unemployment rates, and in access to UC benefits and payment levels. While some problems are common to countries in all regions, other problems are much more pronounced in particular regions: unusually long benefit duration in OECD-20, CEE, and FSU countries; ensuring protection against inflation in South American countries; and effective implementation of new UC programs in Asian and CEE-FSU economies.

The challenge has been to identify the common developments and to draw attention to the differences in UC programs throughout the world. During the course of our investigation, we have identified several problem areas. While we do not have all (or even most of) the answers, we do believe we have been asking the right questions and suggesting useful solutions.

This volume provides a broad perspective of the evolution of unemployment since 1970 and the establishment of labor market surveys across a global spectrum of 150 countries. We described the contrasts in unemployment between the geographic regions of the world. Unemployment rates increased in the OECD-20 countries in the mid-1970s and again in the early 1980s; they remain persistently high. Unemployment rates in the transition economies of CEE and FSU countries have been persistently high since the collapse of the Soviet regime. In contrast, average unemployment rates have historically been low for most of the Asian countries.

Over time, there has been an increase in the prevalence of LFSs. In 1999, 55 percent of the 150 countries conducted these surveys. While all OECD-20 and South American countries have an LFS, there are relatively few surveys in Sub-Saharan Africa. As well as providing information on labor market outcomes, these surveys can also be helpful in assessing access to benefits paid by UC programs.

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Unemployment Compensation throughout the World: A Comparative Analysis
Table of contents

Table of contents

  • Unemployment Compensation Throughout the World - A Comparative Analysis *
  • Contents v
  • Figures vii
  • Tables viii
  • 1 - Introduction 1
  • Notes 6
  • Part 1 - A Global Perspective *
  • 2 - Economic Performance and Unemployment 9
  • Notes 42
  • 3 - Unemployment Protection 45
  • Notes 75
  • Part 2 - Regional Aspects of Unemployment Protection *
  • 4 - Unemployment Compensation in the Oecd-20 Countries 81
  • Notes 106
  • 5 - Unemployment Compensation in the Cee-Fsu Countries 109
  • Notes 125
  • 6 - Unemployment Compensation in East and South Asia 127
  • Notes 143
  • 7 - Unemployment Compensation in Latin American and Caribbean Countries 145
  • Notes 165
  • Part 3 - Problem Areas for Unemployment Compensation Programs *
  • 8 - Three Problem Areas for Unemployment Compensation Programs 169
  • Notes 210
  • 9 - Conclusion 213
  • Appendix A - Labor Market Data for 150 Countries 219
  • Appendix B - Output Changes and Employment Changes 227
  • Notes 232
  • Appendix C - Regression Estimates of Uc Benefit Generosity 233
  • Appendix D - Uc Provisions and Uc Costs in Cee-Fsu Countries 235
  • Appendix E - Determinants of Long-Term Unemployment Percentages 245
  • Notes 252
  • References 253
  • The Authors 259
  • Index 261
  • About the Institute 273
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