Resource
Why are unemployment individual savings accounts not an adequate and equitable solution to unemployment protection?
Resumen
This policy brief highlights the limitations of Unemployment Individual Savings Accounts (UISA), emphasizing that they are not an adequate and equitable solution to unemployment protection. It underscores the need for risk pooling and collective financing, established through social insurance mechanisms, and warns against relying on UISA, which increase costs and fail to provide adequate protection for those in temporary, seasonal and low pay jobs.