2026-06-27T15:46:01Zhttps://docta.ucm.es/rest/oai/request

oai:docta.ucm.es:20.500.14352/45372023-11-07T18:31:21Zcom_20.500.14352_14col_20.500.14352_15

00925njm 22002777a 4500 dc Cruz Martínez, Gibrán Alberto author 2021-11-16 Is universal social assistance unaffordable? Targeting social policy has been praised as a magic solution to select the ‘deserving poor’ and efficiently use the scarce resources in the Global South. The article tests the unaffordability hypothesis using five counterfactual analyses based on expenditure redirection (military expenditure, energy subsidies, and the potential illegal/odious external debt servicing) and increasing tax revenues (income and trade tax) in up to thirty-three countries. The article shows the revenue-generating potential of taxes and reprioritising expenditures from unproductive to productive areas to finance – totally or partly- basic universal social pensions in large part of Latin America and the Caribbean; therefore, dispelling the unaffordability myth. 0803-9410 10.1080/08039410.2021.1998212 https://hdl.handle.net/20.500.14352/4537 https://doi.org/10.1080/08039410.2021.1998212 https://www.tandfonline.com/doi/full/10.1080/08039410.2021.1998212 Universal Social Pensions Are Unaffordable … Not! Testing the Unaffordability Hypothesis in Latin America and the Caribbean