Fiscal Equity and Leaving No One Behind
Universal access to social services and social protection is critical to human development and is a right to be realized in an equitable manner by all segments of society. For a universal agenda to be realized, it is critical to adequately reach the unreached and leave no one behind. Research is illustrating that fiscal equity is critical for universal access to social protection, and this webinar aims to further examine the important role of fiscal equity.
Webinar Background and Objective
“Strengthening the Evidence on the Correlation between Fiscal Equity and Social Outcomes for Children” is a recent UNICEF report on Fiscal Equity and Outcome for Children, which analyses the impact of equity in Government social spending, specifically, social protection spending, on absolute poverty and inequality, using a dataset from 101 countries. It also analyses how the distributional outcomes could be improved through changes in tax-benefit policies, using two country case studies. The findings reveal that equity in government social spending is a key determinant to ensure a positive impact on well-being outcomes and is key to ensure that all segments of the society realize the right to social protection. The effectiveness of social protection spending in reducing extreme poverty (measured at $1.90 a day) and inequality (measured by Gini index) is positively associated with equity; specifically, with the share of overall social protection spending going to the poorest quintile. This finding augments the calls for a progressive and equitable universal social protection approach, where no one is left behind. The analysis shows that policy reforms targeted at increasing equity in the distribution of taxes and benefits across the population can be an efficient means of reducing child poverty in low- and middle-income countries if they are progressive and equitable so that they don’t burden the poorest quintiles.
This recent report illustrates that fiscal equity is critical to reaching the Sustainable Development Goals, and to the realization of universal and equitable access to social services. The objective of this webinar is to analyze the broad spectrum of issues related to fiscal equity, including measurement and policies. It also aims to zoom in on the correlation between equity in social protection spending and realizing the SDGs and leaving no one behind, and to examine the impact of fiscal equity on universal access to social services and child poverty.
Natalia Winder Rossi, Director of Social Protection and Social Policy, UNICEF (Moderator)
Joanne Bosworth, Chief of Public Finance and Local Governance, UNICEF
Daria Popova, Research Fellow, Institute for Social and Economic Research, University of Essex
Enrique Delamónica, Senior Adviser, Statistics and Monitoring, UNICEF
Oliver Fiala, Senior Research Adviser, Save the Children
David Amaglobeli, Deputy Division Chief, Fiscal Affairs Department, IMF
Fabio Veras, Senior Researcher, IPC-IG, IPEA (Discussant)