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Total net social spending in terms of percent of GDP, takes into account public and private social expenditure, and also includes the effect of direct taxes (income tax and social security contributions), indirect taxation of consumption on cash benefits, as well as tax breaks for social purposes.
Welfare spending. Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. [1] Social security may either be synonymous with welfare, [a] or refer specifically to social insurance programs which provide support only to those who have previously contributed ...
This is a list of countries by guaranteed minimum income. Guaranteed minimum income is the amount of money a person is entitled to from the social welfare system in the absence of any other source of income.
List of countries by government budget per capita. This list shows the government budget of each country divided by its total population, not adjusted to purchasing power parity. It is based on data from the 2018 CIA World Factbook. [1][2] The Chinese, Brazilian, Indian, and United States government budgets used are the figures reported by the ...
Business portal. v. t. e. In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities: Consumer surplus, or consumers' surplus, is the monetary gain obtained by consumers because they are able to purchase a product for a price ...
t. e. Government spending or expenditure includes all government consumption, investment, and transfer payments. [1][2] In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure.
The Social Progress Index (SPI) measures the extent to which countries provide for the social and environmental needs of their citizens. Fifty-four indicators in the areas of basic human needs, foundations of well-being, and opportunity to progress show the relative performance of nations. The index is published by the nonprofit Social Progress ...
Social protection in France. Welfare in France (also known as social protection, from French: Protection sociale) includes all systems whose purpose is to protect people against the financial consequences of social risks (illness, maternity, old age, unemployment). Social welfare refers to all the mechanisms of collective foresight, enabling ...