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![]() 26 International Poverty Centre Working Paper nº 8 annum in the recent past. This suggests that the fiscal leverage from economic growth is likely to be extremely limited, if not nil, for low income countries of Africa in the medium term, and so the...
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26 International Poverty Centre Working Paper nº 8 annum in the recent past. This suggests that the fiscal leverage from economic growth is likely to be extremely limited, if not nil, for low income countries of Africa in the medium term, and so the argument that universal social pensions can sustained in a “growth scenario” is tenuous at best. In sum, it appears desirable, in the larger interest of the elderly themselves, to target the pension to the poor among the elderly keeping the age cut off
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http://www.undp-povertycentre.org/pub/IPCWorkingPaper8.pdf#page=28
www.undp-povertycentre.org/pub/IPCWorkingPaper8.pdf#page=28
26 International Poverty Centre Working Paper nº 8 annum <span class="highlight">in</span> <span class="highlight">the</span> recent past. This suggests that <span class="highlight">the</span> fiscal leverage from economic growth is likely to be extremely limited, if not nil, <span class="highlight">for</span> low income countries of Africa <span class="highlight">in</span> <span class="highlight">the</span> medium term, and so <span class="highlight">the</span> argument that universal social pensions can sustained <span class="highlight">in</span> a “growth scenario” is tenuous at best. <span class="highlight">In</span> sum, it appears desirable, <span class="highlight">in</span> <span class="highlight">the</span> larger interest of <span class="highlight">the</span> <span class="highlight">elderly</span> themselves, to target <span class="highlight">the</span> pension to <span class="highlight">the</span> poor among <span class="highlight">the</span> <span class="highlight">elderly</span> keeping <span class="highlight">the</span> age cut off
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