redistributionbased
Redistributionbased is a term used in political economy to describe policy frameworks that place the redistribution of income and wealth at the center of public policy design and implementation. Policies within a redistributionbased approach seek to reduce inequality and ensure a minimum standard of living through fiscal measures and public services. The term conveys a focus on equity through state action, rather than on growth alone, and can accompany various ideological positions.
Key instruments include progressive taxation, social transfers (cash benefits and in-kind programs), universal services such as
The theoretical justification draws on ideas of social justice and the trade-offs between equity and efficiency.
In practice, redistributionbased policies are most visible in welfare-state models and social-democratic regimes. Nordic countries are
Challenges to redistributionbased approaches include fiscal sustainability, political economy constraints, and concerns about disincentives to work
Metrics used to assess redistribution-based policy include the Gini coefficient, Palma ratio, poverty rates, and measures