Roger Thayer Stone Center For Latin American Studies

Tulane University

Social Spending and Income Redistribution in Argentina During the 2000s: the Rising Role of Noncontributory Pensions

Working Document: Social Spending and Income Redistribution in Argentina During the 2000s: the Rising Role of Noncontributory Pensions
by Lustig, Nora and Carola Pessino
November 2012

Abstract
Between 2003 and 2009, Argentina’s social spending as a share of GDP increased by 7.6 percentage points. Marginal benefit incidence analysis for 2003, 2006, and 2009 suggests that the contribution of cash transfers to the reduction of disposable income inequality and poverty rose markedly between 2006 and 2009 primarily due to the launching of a noncontributory pension program- the pension moratorium- in 2004. Noncontributory pensions as a share of GDP rose by 2.2 percentage points between 2003 and 2009 and entailed a redistribution of income to the poor, and from the formal sector pensioners with above minimum pensions to the beneficiaries of the pension moratorium. The redistributive impact of the expansion of public spending on education and health was also sizeable and equalizing, but to a lesser degree. An assessment of fiscal funding sources puts the sustainability of the redistributive policies into question, unless nonsocial spending is significantly cut.

Working Document: Social Spending and Income Redistribution in Argentina During the 2000s: the Rising Role of Noncontributory Pensions, Updated November 2012

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La Hora del Cuento: Summer Bilingual Story Hour at the Pebbles Center

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This summer, join us for La hora del cuenta bilingual readings series at the Pebbles Centers of the New Orleans Public Libraries!

On the first and last Saturday of every month, we will read a bilingual book at the Algiers Regional Library and the Children’s Resource Center Library beginning on Saturday April 28 until Saturday, August 25. Children and parents welcome!

Story Hours Dates and Locations

Algiers Regional Branch
Saturday, May 5
2:30 PM

Saturday, June 2
2:30 PM

Saturday, July 7
2:30 PM

Saturday, August 4
2:30 PM

Children’s Resource Center Library
Saturday, April 28
12:00 PM

Saturday, May 26
12:00 PM

Saturday, June 30
12:00 PM

Saturday, July 28
12:00 PM

Saturday, August 25
12:00 PM