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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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