Political constraints and trading strategy in times of market stress: Evidence from the chinese national social security fund

2016 ◽  
Vol 19 ◽  
pp. 217-221 ◽  
Author(s):  
Yong Li ◽  
Karen Benson ◽  
Robert Faff
Author(s):  
Paul Tabar ◽  
Andrew Denison ◽  
Maha Alkhomassy

AbstractAlthough Lebanese social protection schemes are heavily fragmented, the National Social Security Fund (NSSF) is the primary provider of end-of-service indemnity, health care and family benefits. However, only Lebanese who are formally employed or foreigners originating from countries which provide equal or better social protection to Lebanese citizens are eligible to enrol in the fund according to the 1963 Social Security Law. Those not enrolled must often rely on ad hoc social protection services provided by non-governmental or international organisations to obtain (limited) social services. Migrants, including Palestinians, Sri Lankans, Indonesians and Syrians are particularly vulnerable as they are ineligible to enrol in the NSSF. Also, Lebanese nationals residing abroad are ineligible to obtain benefits from the National Social Security Fund.


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