What is a Social Impact Bond?

Doing business in the PIGS (Portugal, Italy, Greece and Spain) – World Bank rankings

Figure 1: Doing Business rankings, PIGS, 2014

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Source: World Bank Doing Business 2015.

All in all, Italy and Greece are a dog of a place to enforce a contract. The long-suffering taxpayer is better off paying taxes in Greece than in Italy! Not surprisingly, trading across borders is the greatest strength in doing business in the PIGS. The European Union does have some benefits.

Figure 2: Doing Business rankings, Greece and Italy, 2014

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Source: World Bank Doing Business 2015.

All in all, Italy and Greece are equally bad places to do business and Italy is much worse when it comes to taxes. About the only saving graces of Italy is the registration of property and the protection of minority interests in companies.

Figure 3: Doing Business rankings, Spain and Portugal, 2014

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Source: World Bank Doing Business 2015.

Spain and in particular Portugal are much better places to do business than Italy and Greece.

Child poverty certainly didn’t go up after the 1996 federal welfare reforms

Poverty rates in Canada, UK and USA since 1985

Despite 30 years of the ravages of neoliberalism, Reagan, Thatcher, and Blair, the whole lot, poverty has not gone up or down much at all.

Figure 1: relative poverty rate (% of persons living with less than 50% of equivalised disposable income), USA, UK and Canada

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Source: In It Together – Why Less Inequality Benefits All – © OECD 2015

Food is now much smaller share of the average family’s budget than in the 60s

% of children living with 2 parents

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Child poverty rates in single parent and couple families, Anglo-Saxon countries

Figure 1: Child poverty rates by family type, Anglo-Saxon countries, 2010

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Source: OECD Family Database; Poverty thresholds are set at 50% of the median income of the entire population.

The impact of parental employment on child poverty in couple families, Anglo-Saxon countries

Figure 1: child poverty rates in couple families by employment status, Anglo-Saxon countries, 2010

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Source: OECD Family Database; Poverty thresholds are set at 50% of the median income of the entire population.

The impact of single parent employment on child poverty rates, Anglo-Saxon countries

Figure 1: Child poverty rate by employment status of single parent, Anglo-Saxon countries, 2010

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Source: OECD Family Database; Poverty thresholds are set at 50% of the median income of the entire population.

Education and single motherhood

Trends in what drives single motherhood

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In which Anglo-Saxon country is full-time work not enough to escape family poverty on the minimum wage?

Figure 1: Weekly working hours needed at minimum-wage to move above a 50% relative poverty line after taxes, mandatory social or private contributions payable by workers, and family benefits for lone parent with two children, Anglo-Saxon countries, 2013

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Source: OECD Focus on Minimum Wages after the crisis 2015

Which Anglo-Saxon country has the largest after-tax pay increase after a minimum wage increase?

Figure 1: Net gain after income taxes, Social Security contributions and benefit reductions after a 5% minimum wage increase for a lone parent family

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Source: OECD Focus on Minimum Wages after the crisis 2015

New Zealand does rather well on many measures of poverty and inequality

Job finding rates and the unemployment benefit exhaustion spike

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