STRUCTURAL CHANGE FOR EQUALITY: MOVING TOWARDS (NOT AWAY FROM) WELFARE STATE Martín Hopenhayn Director, Social Development Division ECLAC-CEPAL I. Equality and structural change: the horizon for rethinking development in Latin America Why time for equality? • • • The financial crisis questions the dominant model, opening an opportunity to chart a new course regarding the role of the State. Ironically, castling tendencies comparing Europe and Latin America. In LA, that model had been associated with two decades of high wealth concentration and failures in terms of growth, investment, productivity and labor markets. This balance puts us on the way to (not on the way back), progressive forms of Welfare State seeking sinergies between social networks, capacity development, increase in productivity with changing productive patterns. Regarding equality, this means, for the region, facing up to its historical and more recent liabilities: – Worst income distribution in the world – Increasingly heterogeneous production patterns – Reproduction of gaps through educational attainments and capacity-development – Segmentation of the labour market and social protection – Racial, ethnic and gender discrimination Equality requires Closing economic and social gaps, both internal and external Changes in the economic structure and the social fabric: • Development of productive and technological capabilities • Opportunities for full employment • Universal access to social protection • Welfare State for a workfare society? Strengthening the role of the State (as a guarantor of rights and a driver of policies) for sustainable economic and social development II. Good news in general development indicators, but gaps in equality and in productivity are main challenges for the future Latin America and the Caribbean is forecast to grow at 4% in 2013 LATIN AMERICA AND THE CARIBBEAN: GDP GROWTH RATES, 2013 (In percentages) Haiti Panama Peru Paraguay Nicaragua Chile Dominican Republic Equador Colombia Bolivia (Plur. St. of) Latin America & the Caribbean Uruguay Mexico Costa Rica Brazil Guatemala Argentina Venezuela (Bol. Rep. of) Honduras Cuba The Caribbean El Salvador Source: Economic Commission for Latin America and the Caribbean (ECLAC). 7.5 7.0 5.5 5.0 5.0 4.8 4.5 4.5 4.5 4.5 4.0 4.0 4.0 4.0 4.0 3.5 3.5 3.0 3.0 3.0 2.2 2.0 0.0 2.0 4.0 6.0 8.0 Latin America: varying fiscal spaces, but greater than those of OECD countries LATIN AMERICA AND OECD: OVERALL FISCAL BALANCE AND PUBLIC DEBT, 2011 (Percentage of GDP) Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of official figures. Poverty and extreme poverty continue to fall during 2011 LATIN AMERICA; EVOLUTION OF POVERTY AND EXTREME POVERTY, 1980-2012 (Percentages and millions of persons) 60 250 48,4 43,8 43,9 204 Porcentajes 40,5 40 32,8 31,0 29,4 28,8 30 22.6 20 18.6 18.6 19.3 13.0 12.1 11.5 11.4 Millones de personas 50 215 225 200 150 184 176 168 167 136 95 100 91 99 62 73 69 66 66 2009 2010 2011 2012 50 10 0 0 1980 1990 1999 Indigentes 2002 2009 2010 2011 2012 Pobres no indigentes Source: ECLAC, special tabulations of household surveys of respective countries. a Estimaction for 18 LA countries plus Haiti.. 1980 1990 1999 2002 Pobres no indigentes Indigentes Advances in income distribution … LATIN AMERICA: GINI COEFFICIENT, 2002 and 2011 0.65 RD 2011 0.55 PYCO HN CL PA CR MX PE ECSV 0.45 UY 0.35 0.35 AR NI BR BO VE 0.45 0.55 2002 0.65 But Latin America and the Caribbean is still the most unequal region in the world LATIN AMERICA AND THE CARIBBEAN AND OTHER REGIONS OF THE WORLD: GINI COEFFICIENT, AROUND 2009 a (Millions of persons) Source: ECLAC, on the basis of special tabulations of data from household surveys conducted in the respective countries; World Bank, World Development Indicators [online] http://databank.worldbank.orgddp/home.do. a The regional data are expressed as simple averages, calculated using the latest observation available in each country for the 2000-2009 period. b Organization for Economic Cooperation and Development. Taxes and transfers do not offset inequality in the region in a significant way LATIN AMERICA AND OECD: GINI COEFFICIENT BEFORE AND AFTER TAXES AND TRANSFERS Source: CEPALSTAT for countries of Latin America and OCDEStat for the OECD countries. CONCLUDING SECONDARY EDUCATION: WHERE THE GREAT GAP BEGINS LATIN AMERICA (18 COUNTRIES): POPULATION AGED 20-24 WITH COMPLETE SECONDARY EDUCATION BY PER CAPITA INCOME AND SEX, AROUND 2008 (Percentages) Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of special tabulations of data from household surveys conducted in the respective countries. a The data for indigenous and non-indigenous young people refer to eight countries and correspond to 2007. Skills: the link education - employment reproduces and eventually expands social inequalities and poverty LATIN AMERICA (18 COUNTRIES): MONTHLY LABOUR INCOME OF THE EMPLOYED POPULATION, BY AGE GROUP AND LEVEL OF SCHOOLING (Dollars at 2000 prices, PPP) Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of special tabulations of household surveys in the respective countries , around 2008). Productive structure and employment: employment is concentrated in low-productivity sectors LATIN AMERICA (18 COUNTRIES): STRUCTURAL HETEROGENEITY INDICATORS, AROUND 2009 (Percentages) Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of R. Infante, “América Latina en el ‘umbral del desarrollo’. Un ejercicio de convergencia productiva”, Working Paper, No. 14, Santiago, Chile, June 2011, unpublished. Although unemployment rates have fallen, lack of social security and low productivity are strong barriers in closing income distribution gaps LATIN AMERICA (14 COUNTRIES): POPULATION LIVING IN HOUSEHOLDS WITHOUT SOCIAL SECURITY MEMBERSHIP AND WHICH DO NOT RECEIVE ANY PENSION OR PUBLIC WELFARE TRANSFERS, BY INCOME QUINTILE, 2009 (Percentages) Source: Economic Commission for Latin America and the Caribbean (ECLAC), on the basis of special tabulations of data from household surveys conducted in the respective countries. A pro-equality State: strategies and policies In the social sphere: redistributive policies and capability-building • Redistributive policies – Social protection systems aimed at universal coverage – Strengthening the non-contributory pillar of social protection – Ensure that fiscal policy has a progressive impact on income distribution • Training and capability-building – Rethinking and redesigning education and training systems and ways to disseminate use of ICT – Training for the job market: ongoing acquisition of new skills and knowledge through training and on-the-job learning. Social sphere trascends social policies: challenges of a new role for the State in terms of structural (productive) convergence, key of social inclusion • Linking low-productivity sectors with a mainstream inducted structural change. Who will promote it, if not the State? • An integrated strategy for reducing structural heterogeneity: inclusive financing, support for SMEs, including linking them with more dynamic sectors, capacity development, transitional protection networks. • Labor institutions allowing covenants among actors (State, work unions, entrepreneurs), aiming to reduce income gaps, build trust, promote motivation and sense of belonging, move towards a more fair appropriation of upscaling productivity. • Role of State in care economics in order to move towards national systems of care: positive impact on expanding participation in labor market, mainly women from low-income strata; positive impact in work distribution between men and women. • Fiscal covenant to promote structural change for equality. A fiscal covenant means that the different public and private stakeholders must come together to define priorities and instruments • • • • A clear-cut path for the State to: – Gradually increase the tax burden, with a view to creating tax systems providing appropriate incentives for productive investment – Reform the tax structure by previously agreed stages, primarily by raising income tax – Improve tax collection by reducing and progressively controlling tax evasion, and gradually eliminating exemptions from direct taxes with a view to achieving greater equity and efficiency A shared platform which correlates changes in the tax burden and structure with the allocation of the generated fiscal space among public policies A clear, agreed public agenda for enhancing the transparency, efficiency and effectiveness of public spending and institutions A roadmap for gradually reprogramming social spending in which intra- and intersectoral restructuring demonstrably produces a stronger redistributive impact, greater social cohesion and more widespread externalities in terms of equity and productivity Protecting vulnerable sectors during the initial phases of structural change • Virtuous structural change improves income distribution over the long run by creating jobs in high-productivity activities • However, changes in the demand for labor may temporarily increase labor-market segmentation • Social safety nets must therefore be broadened by means of: – Non-contributory transfers – Minimum wage policy – Training, unemployment insurance, among others Welfare gaps in Latin America imply different departing thresholds and progression paths AMÉRICA LATINA (GRUPOS DE PAÍSES): INDICADORES SELECCIONADOS DE BIENESTAR a Grupo III Grupo I Grupo II Argentina, Brasil, Chile, Costa Rica, Panamá, Uruguay Colombia, México, Venezuela (República Bolivariana de) 6 601 5 320 1 975 4 074 52,9 54,8 68,3 60,9 19,7 35,1 52,1 38,4 6,7 14,7 26,8 18,1 Ocupados en el sector informal alrededor de 2008 (en porcentajesdel total de ocupados) 41,6 55,3 65,3 55,7 Carga tributaria incluyendo contribuciones sociales, 2007/2008 (porcentajesdel PIB) c 24,8 13,7 16,4 1 209 619 181 597 18,6 11,8 10,2 13,3 64,4 26,6 14,1 33,0 23,3 35,1 72,1 49,7 PIB per cápita 2008 (dólares de 2000) Tasa de dependencia demográfica 2005/2010 b Población pobre alrededor de 2008 (en porcentajes) Población indigente alrededor de 2008 (en porcentajes) Gasto público social per c ápita 2007/2008 (dólares de 2000) Gasto público social 2007/2008 (porcentajesdel PIB) Cobertura de pensiones a jubilados (en porcentajes). Áreas urbanas Porc entaje que declara gasto de bolsillo para atención de salud a Bolivia (Estado Plurinacional de), Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Perú, República Dominicana Prom edio s si mple s d e los países. b La relación de dependencia equivale a la población de 0 a 14 años más la población de 65 años y más sobre la población de 15 a 65 años multiplicado por 100. c En Arg entina , e l Estado Plur inac io nal d e Bo livia, el Bra sil, Ch ile y Co sta Ri ca las c ifr as c orre sp ond en a l g obi erno gen eral ; en los demás c asos refie ren al go bie rno c en tral. América Latina 18,7