Monday, November 24, 2014Tweet
[IWS] OECD: SOCIAL EXPENDITURE DATABASE (SOCX) [includes 2014 data update] [24 November 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html
Organisation for Economic Cooperation and Development (OECD)
SOCIAL EXPENDITURE DATABASE (SOCX) [includes 2014 data update]
The OECD has just updated its database on social expenditure to include data for 2014.
These new data show that in recent years Canada, Estonia, Germany, Greece, Hungary, Iceland, Ireland and the United Kingdom have all experienced substantial declines in social spending as a per cent of GDP. But in most countries social spending remains at historically high levels: ratios are highest at over 30% of GDP in Denmark, Belgium, Finland and France (highest at almost 32% of GDP), with Italy, Austria, Sweden, Spain and Germany also devoting more than a quarter of their GDP to public social spending. The OECD average for 2014 was 22%.
Countries on average spent more on cash benefits (12.3% of GDP) than on social and health services (8.6% of GDP), but Nordic countries, Canada, the Netherlands, New Zealand and the United Kingdom had a more equal balance in spending on cash and in-kind benefits.
Cash income support to the working age population accounts for 4.4% GDP on average across the OECD, of which 1 % GDP towards unemployment benefits, 1.8% on disability/sickness benefits, 1.3% on family cash benefits and another 0.4% on other social policy cash supports.
Public spending in some emerging economies is below the OECD average, lowest in India and Indonesia but highest in Brazil where – as in OECD countries - pensions and health expenditure are important areas of social spending.
The data also show that income-testing in social protection systems is much more prevalent in Anglophone and non-European OECD countries than in continental Europe.
SOCIAL EXPENDITURE UPDATE
Social spending is falling in some countries, but in many others it remains at historically high levels
Insights from the OECD Social Expenditure database (SOCX), November 2014
[full-text, 8 pages]
New OECD data show that in recent years Canada, Estonia, Germany, Greece, Hungary, Iceland, Ireland and the
United Kingdom have experienced substantial declines in social spending as a percent of GDP, but in most
countries social spending remains at historically high levels. Public spending in some emerging economies is
below the OECD average, lowest in India and Indonesia but highest in Brazil where – as in OECD countries -
pensions and health expenditure are important areas of social spending. New SOCX-data also shows that incometesting
in social protection systems is much more prevalent in Anglophone and non-European OECD countries than
in continental Europe. Finally, when considering the role of private social benefits and the impact of tax systems,
social spending levels become more similar across OECD countries, and while France remains the biggest social
spender the United States moves up the rankings to second place.
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Links to this post: