Social Protection in a Competitive Economy: What Have We Learned? Read more about Social Protection in a Competitive Economy: What Have We Learned? Australia has a well-targeted welfare system. Gross income is unequal, but taxes and transfers make it more equal, and government invests a lot in health and education. However, the government should also consider privatization, active regulatory oversight, and incentives to inform market design.
Danielle Wood Keywords education Health privatization Regulation social protection welfare public policy Read more about Danielle Wood Danielle is the CEO of the Grattan Institute. She believes in the power of public policy to make Australia a better place. Danielle has published extensively on economic reform priorities, budget policy, tax reform, generational inequality, and reforming political institutions. She is a sought-after media commentator and speaker on policy issues.