Concept information
Preferred term
risk shift
Definition
- Risk shift refers to the transfer, over the last generation, of economic risks from the institutions of social insurance (sponsored by either the government or the private sector) to individuals and households. Risks that were once managed by the government or private corporations have been shifted to workers and their families, resulting in hardship, insecurity, and anxiety. [Source: Sociology of Work: An Encyclopedia; Risk Shift]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/risk_shift
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