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Formal and informal social safety nets = growth and development in the modern economy /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Formal and informal social safety nets/ Mohammad Ashraf.
Reminder of title:	growth and development in the modern economy /
Author:	Ashraf, Mohammad.
Published:	Basingstoke :Palgrave Macmillan, : 2014.,
Description:	256 p. :19 figures, 16. :
Notes:	Electronic book text.
Subject:	Economic development - Technological innovations. -
Online resource:	Online journal 'available contents' page
ISBN:	1137388749 (electronic bk.) :

Formal and informal social safety nets = growth and development in the modern economy /
Ashraf, Mohammad.

Formal and informal social safety netsgrowth and development in the modern economy /[electronic resource] :Mohammad Ashraf. - 1st ed. - Basingstoke :Palgrave Macmillan,2014. - 256 p. :19 figures, 16.

Electronic book text.

1. Why do Social Safety Nets Matter? 2. The Need for Formal Social Safety Nets 3. Research and Development, Innovation, and Economic Growth 4. Innovation and Social Safety Nets 5. Income Distribution and Economic Growth and Development 6. Formal Social Safety Nets, Income Distribution, and the Society 7. Financing of Formal Social Safety Nets 8. Faith-Based Organizations and the Provision of Informal Social Safety Nets 9. Concluding Remarks.

Document

In Formal and Informal Social Safety Nets, Ashraf analyses the role of social safety nets in a time when our global economy threatens our way of life, as entire cities such as Detroit are declared bankrupt.The Great Recession increased public debts across the globe and has thus reinvigorated the debate over social safety nets. Provision of social safety nets is often cited as one of the main reasons for the recent growth in public debt. In Formal and Informal Social Safety Nets, Ashraf analyses the role of social safety nets in a time when our global economy threatens our way of life, as entire cities such as Detroit are declared bankrupt. By dividing safety nets into two major categories, 'informal social safety nets' and 'formal social safety nets,' in conjunction with empirical evidence based on in-depth statistical analyses of data, Ashraf argues that government-provided, tax-funded formal social safety nets are not only essential for a modern economy, but may even promote innovation and economic growth and development.

PDF.

Mohammad (Mitu) Ashraf is Professor of Economics at the University of North Carolina, Pembroke, USA. His research interests include macroeconomics, economic growth and development, and labor economics, and his articles have appeared in academic journals such as Applied Economics Letters, Contemporary Economics Policy, Annals of Economics and Finance, and the Journal of Economics (MVEA).

ISBN: 1137388749 (electronic bk.) :£70.00Subjects--Topical Terms:

563511
Economic development
--Technological innovations.

LC Class. No.: HD87 / .A757 2014

Dewey Class. No.: 339

Formal and informal social safety nets = growth and development in the modern economy /
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505 0 $a 1. Why do Social Safety Nets Matter? 2. The Need for Formal Social Safety Nets 3. Research and Development, Innovation, and Economic Growth 4. Innovation and Social Safety Nets 5. Income Distribution and Economic Growth and Development 6. Formal Social Safety Nets, Income Distribution, and the Society 7. Financing of Formal Social Safety Nets 8. Faith-Based Organizations and the Provision of Informal Social Safety Nets 9. Concluding Remarks.
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520 $a In Formal and Informal Social Safety Nets, Ashraf analyses the role of social safety nets in a time when our global economy threatens our way of life, as entire cities such as Detroit are declared bankrupt. $b The Great Recession increased public debts across the globe and has thus reinvigorated the debate over social safety nets. Provision of social safety nets is often cited as one of the main reasons for the recent growth in public debt. In Formal and Informal Social Safety Nets, Ashraf analyses the role of social safety nets in a time when our global economy threatens our way of life, as entire cities such as Detroit are declared bankrupt. By dividing safety nets into two major categories, 'informal social safety nets' and 'formal social safety nets,' in conjunction with empirical evidence based on in-depth statistical analyses of data, Ashraf argues that government-provided, tax-funded formal social safety nets are not only essential for a modern economy, but may even promote innovation and economic growth and development.
520 1 $a In short, with respect to this topic, this book scores a perfect trifecta. It needed to be written, it needed to be published, [and] it needs to be read. - Robert O. Schneider, Professor of Public Administration, University of North Carolina Pembroke, USA; Author, Emergency Management and Sustainability In an era when so much economic analysis has been driven by neo-liberal and anti-government ideologies, Ashraf has written a refreshingly objective examination of the costs and benefits of safety nets. It is a comprehensive, trenchant study of all the major issues surrounding this important topic, such as: (a) the need for safety nets in modern society; (b) their role in promoting innovation, economic development, and social stability; (c) problems like free-riding; and (d) methods of financing safety nets. Ashraf argues that, rather than undermining the incentive structure of a modern economy, as some assume, safety nets actually stimulate economic activity by supporting demand in times of recession, maintaining valuable skills in the workforce, reducing costly anti-social reactions to unemployment; and strengthening social and political cohesion. In short, they are a cost-effective tool. This volume is an excellent guide for policy makers, and it provides a very incisive literature review for researchers wishing to work in the field. - Michael L. Stratil, Associate Professor of Psychology (Retired), University of North Carolina Pembroke, USA.
538 $a PDF.
545 0 $a Mohammad (Mitu) Ashraf is Professor of Economics at the University of North Carolina, Pembroke, USA. His research interests include macroeconomics, economic growth and development, and labor economics, and his articles have appeared in academic journals such as Applied Economics Letters, Contemporary Economics Policy, Annals of Economics and Finance, and the Journal of Economics (MVEA).
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650 7 $a Welfare economics. $3 555259
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