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SECTION 1 2 3<br />

TIME TO ACT<br />

8) IMPLEMENT A UNIVERSAL SOCIAL<br />

PROTECTION FLOOR<br />

Social protection is central not only to reducing economic inequality, but also<br />

as a way to make society more caring and egalitarian, and to address horizontal<br />

inequalities. For the very poorest and most vulnerable there must be a universal<br />

and permanent safety net that is there for them in the worst times.<br />

Governments and international institutions should agree to:<br />

• Provide universal child and elderly care services, to reduce the burden of<br />

unpaid care work on women and complement social protection systems;<br />

• Provide basic income security for children, the elderly and those who are<br />

unemployed or unable to earn a decent living, through universal child<br />

benefits, unemployment benefits and pensions;<br />

• Ensure the provision of gender-sensitive social protection mechanisms<br />

to provide a safety net for women, in ways that provide an additional means<br />

of control over household spending.<br />

9) TARGET DEVELOPMENT FINANCE TOWARDS<br />

REDUCING INEQUALITY AND POVERTY, AND<br />

STRENGTHENING THE COMPACT BETWEEN<br />

CITIZENS AND THEIR GOVERNMENT<br />

Finance for development has the potential to reduce inequality when it is welltargeted;<br />

when it complements government spending on public services, such<br />

as healthcare, education and social protection. It can also help strengthen<br />

the government–citizen compact, improve public accountability and support<br />

citizen efforts to hold their government to account.<br />

Donor governments and international institutions should<br />

agree to:<br />

• Increase investment in long-term, predictable development finance,<br />

supporting governments to provide universal free public services for<br />

all citizens;<br />

• Invest in strengthening public administrations to raise more domestic<br />

revenue, through progressive taxation for redistributive spending;<br />

• Measure programmes on how well they strengthen democratic participation<br />

and the voice of people to challenge economic and social inequalities (such<br />

as gender and ethnicity).<br />

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