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Equity, Efficiency and Growth: The Future of the Welfare State (Central Issues in Contemporary Economic Theory and Policy) by Mario Baldassarri, Luigi Paganetto, Edmund S. Phelps (eds.) is a nonfiction available to read on EtoBox.

What is Equity, Efficiency and Growth: The Future of the Welfare State (Central Issues in Contemporary Economic Theory and Policy) about?

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. Erscheinungsdatum: 12.07.1996

Who reads Equity, Efficiency and Growth: The Future of the Welfare State (Central Issues in Contemporary Economic Theory and Policy)?

Author

Mario Baldassarri, Luigi Paganetto, Edmund S. Phelps (eds.)

Publisher

Palgrave Macmillan UK

Published

1996

Language

EN

ISBN

9781349246496

Category

nonfiction

Subjects

Economics, Business, Political Science