Premium
Public Finance and Social Protection System Reforms in M exico: Part II
Author(s) -
Chávez Presa Jorge A.,
Trillo Fausto Hernández,
LópezCalva Luis Felipe
Publication year - 2013
Publication title -
latin american policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.195
H-Index - 4
eISSN - 2041-7373
pISSN - 2041-7365
DOI - 10.1111/lamp.12011
Subject(s) - social protection , social justice , nature versus nurture , democracy , work (physics) , sustainability , revenue , cohesion (chemistry) , business , political science , finance , public economics , economics , economic growth , political economy , sociology , engineering , chemistry , organic chemistry , politics , anthropology , law , biology , mechanical engineering , ecology
M exico needs a proposal to integrate reforms into the social protection system as an indispensable factor for social cohesion with holistic fiscal reforms that create and nurture viability in the long term and improve the country's competitiveness. There is also a need for reforms that seek to break through the prevailing economic stagnation and provide the nation with medium‐ and long‐term development opportunities. Specifically, it needs a proposal that addresses the overwhelming need to formalize a new social contract based on justice and sustained by economic growth that allows M exico's democracy to work for all of its residents. This document seeks to conduct an exercise that is rarely attempted in M exico: establish achievable short‐ and medium‐term goals for universal social protection tied to revenue sources that provide long‐term viability and sustainability.