Economics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 27

Classify the following social policies based on the approach taken to alleviating poverty: economic development, safety nets, or redistribution.
a. The government of Zimbabwe reorganizes property rights, giving traditionally marginalized black Zimbabweans access to land owned by white Zimbabweans.
b. As part of a package called the GI Bill, the United States offered to pay the college tuition of newly returned veterans of World War II.
c. The government of Chile privatizes its social security system. The new system sets up private accounts that require contributions of at least 10 percent of income. This money is invested by private actors and then returned to each person at retirement.