Transfers
in sentence
784 examples of Transfers in a sentence
Critics are right that inheritances and gifts – collectively known as “wealth transfers” – are distributed unevenly.
And the wealthiest young people tend to have wealthy parents and to have received larger wealth
transfers
than their poorer counterparts.
There is also significant inequality among those who receive wealth
transfers.
The top 1% received 35% of all wealth transfers, and the top 20% received 84%.
In other words, wealth
transfers
are about as unequal among recipients as their household net worth.
This means that wealth
transfers
as a proportion of net worth actually fell, from 29% to 26%.
Likewise, the share of a wealthy person’s net worth attributable to wealth
transfers
is, on average, less than 20% – that is, less than the one-third ratio for the middle class.
In this sense, wealth
transfers
have an equalizing effect.
At first blush, this statement may seem counter-intuitive – not least because wealthier households receive larger wealth
transfers
than poorer ones.
This means that net worth excluding wealth
transfers
and wealth
transfers
themselves are negatively correlated, and the addition of
transfers
to net worth reduces overall wealth inequality.
It helps that wealth
transfers
generally flow toward poorer individuals or households, especially from richer parents to poorer children.
In short, the overarching claim that the share of wealth
transfers
in household wealth is rising is not accurate in all cases – and certainly not in the world’s richest economy.
Breaking the vicious cycle of hunger and malnutrition requires complementing the focus on agriculture and rural development (more than 70% of the food-insecure population lives in rural areas of developing countries) with investment in other social and productive programs, including modest but predictable financial
transfers
to the poorest families.
With the right policies in place, the incremental food demand created by these transfers, as well as by school meals programs and nutrition supplements for mothers and infants, could create opportunities for small-scale farmers to expand their output and improve their livelihoods.
That is why the energy tax must be imposed as a tax substitution, with income or payroll taxes simultaneously reduced to keep real resource
transfers
to government at a constant level.
The other, a monetary union with a proper central bank, internal fiscal transfers, and active, regionally-oriented monetary policy, will lead to a slow but steady recovery without default.
By contrast, many transfers, such as unemployment benefits, health benefits, and public pensions, are indexed to inflation, and thus maintain their real value.
Unless the basic conditions for doing business in Russia improve substantially, and until the Russian state starts to modernize itself, technology
transfers
will have little effect.
The danger is not of the Kremlin losing interest in technology
transfers
from the West, but rather its inability to create the right legal, business, and political environment in Russia to capitalize on them.
Conditional cash
transfers
to increase the number of children receiving education18.Peace-keeping in post-conflict situations to reduce the risk of civil war19.
The EU should streamline and front-load existing
transfers
to Greece, and it should help to trigger capital injection into state assets slated for privatization.
Indeed, Indians now take for granted that elections will take place, that they will be free and fair, and that they will result in actual
transfers
of power.
Conditional cash transfers, on the other hand, have proven highly effective; they reach the poor while promoting education and health.
The goal should be to attack inequality on two fronts: ensuring that pre-tax incomes rise in a more inclusive fashion and strengthening the equalizing role of taxes and
transfers.
If the world worked in this simple way, then Michelle Bachelet, Chile’s socialist president – who raised taxes on the rich, increased
transfers
to the poor, made university education free, and sent a bill to Congress that aimed to provide more generous pensions – should have been able to handpick her successor.
More than half of elderly people’s income derives from family support, which includes financial
transfers
and in-kind benefits like cohabitation (see figure 2).
And the total amount of
transfers
that parents receive rises with the number of children.
Though weak national institutions and limited law-enforcement capacity may make it easier to initiate illicit financial transfers, we need to acknowledge that dirty money often ends up in financial centers, which have become quasi-enablers.
The projected increase in the long-term fiscal deficit must be reversed by stemming the growth in
transfers
to middle-class retirees.
Though these subsidies are politically difficult to eliminate, they should be replaced by cash transfers, which can now be done efficiently in India, owing to a remarkable new system of fingerprint-based cash
transfers.
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