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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Equity, Efficiency and Growth: The Future of the Welfare State

Equity, Efficiency and Growth: The Future of the Welfare State

Baldassarri, Mario
Paganetto, Luigi
Phelps, Edmund S.

Paperback

Series: Central Issues in Contemporary Economic Theory and Policy

EconomicsGeneral Political ScienceSocial Movements

ISBN10: 1349246514
ISBN13: 9781349246519
Publisher: Springer Nature
Published: Jan 1 1996
Pages: 426
Weight: 1.34
Height: 0.89 Width: 6.14 Depth: 9.21
Language: English
In the post-war period, spending on social security, health and education has grown continuously in the leading industrialized countries. The considerable size of this spending as a percentage of GDP together with the ageing population raise doubts on the sustainability of welfare spending. These doubts have been accompanied in recent years by an increasing awareness of the allocational inefficiencies and the distributive inequalities caused by the provision of some social services. The welfare state should therefore be reconstructed not only through readjustment of the social security system but also a change in unemployment benefits and the taxation of workers to avoid the perverse spiral that may be produced in the future by cuts in welfare benefits, growing unemployment and the need to further reduce the social security services.

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