Glossary
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Levies and specially designated taxes raised to finance specific social security benefits. [ref. 6622]
Change over time of the income produced by an economy. Usually applied to "real" GDP, i.e. nominal GDP in constant prices of a base year. It can be linear, exponential, logistic or otherwise. Standard policy paradigm claims (exponential) economic growth to be necessary for reducing poverty and solving labour market problems nationally and worldwide. This view has been challenged for environmental and other reasons. [ref. 8030]
All people of either sex who furnish the supply of labour for the production of economic goods and services as defined by the United Nations systems of national accounts and balances during a specified time-reference period. According to these systems, the production of economic goods and services includes all production and processing of primary products whether for the market for barter or for own consumption, the production of all other goods and services for the market and, in the case of households that produce such goods and services for the market, the corresponding production for own consumption. [ref. 776]
The set of legally defined conditions which stipulate if and when a person has the right to claim a benefit. [ref. 8030]
Notion characterizing the financial and goods and services markets in fast developing and transition countries, comprising notably the stock exchanges in Latin America, South-East Asia and Eastern Europe. [ref. 8030]
The employed comprise all persons above a specified age who, during a specified reference period, were in the following categories:
- paid employment
- at work (persons who during the reference period performed some work for wage or salary, in cash or in kind); or
- with a job but not at work (persons who, having already worked in their present job, were temporarily not at work during the reference period but had a formal attachment to their job). [ref. 8030]
An individual who provides service on a regular basis to a company or business for cash or in kind but not as a part of another business or as a consultant. [ref. 6622]
A period beginning with the appearannce of the first symptoms of an illness and ending with recovery from the illness. An episode of illness may consist of one or more episodes of treatment. [ref. 144]
A period beginning with the first contact with a health care provider for a specific health need and ending with the last contact with the health care provider for the same need. [ref. 144]
Share in a business. Most often used as a synonym for common stock of a publicly traded company. [ref. 8030]
A harmonized framework developed to present in a comparable manner national statistical data on social protection receipts and expenditure, as defined by commonly agreed and uniform criteria. [ref. 8030]
See: deadweight loss
The executive body of a health micro-insurance scheme generally consisting of members elected from among the board of directors. The executive committee is often the most active body in the scheme, given its responsibility for supervising and organizing all the scheme's activities. [ref. 144]