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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]

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URI

https://concepts.sagepub.com/social-science/concept/risk_shift

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