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GITA GO GLOBAL Group

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Luca Reed
Luca Reed

Wals 1 Emilia 354


173.Typically, a country characterized as having a high level of support exhibits welfare spending that is above the OECD average as a percentage of GDP, and has relatively generous unemployment benefits. This typically includes countries with relatively high levels of tax. In addition to a high-level assessment of GDP percentage spent on welfare support, we review the characteristics of employment social insurance, including coverage and duration and, for example, the percentage of the last salary that is covered. This analysis considers other sources of funds that may become available to a borrower upon becoming unemployed, such as withdrawals from regulated funds otherwise not readily accessible, as well as other forms of support in a given jurisdiction, where relevant.




Wals 1 Emilia 354

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