By Torben M. Andersen, Per Molander
This accomplished survey of key welfare coverage matters, in an age of globalization and aging populations, attracts on comparative OECD info and case reports from Scandinavia. Torben Andersen and in line with Molander supply a forceful research of the most demanding situations to the conventional public quarter welfare country and discover the valuable coverage techniques open to governments in complex economies. They verify the benefits and drawbacks of other welfare regimes with much less reliance on public quarter involvement.
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This paintings establishes the distinctiveness of the Marxian type of Capital at the foundation of the unique texts by means of Marx. The research has been missed within the present literature. The wage-labor courting is proven to be invaluable and enough for the life of capital(ism). person possession is proven to be a specific kind of capitalist inner most estate that can additionally take the shape of collective possession.
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As stated earlier, our time horizon is about three decades. Given that time-lags can be substantial for certain types of policy change – pensions system reform is a case in point – a thorough policy discussion is urgent. , 2001, Net social expenditure (2nd edition), DEELSA/ELSA/WD (2001) 5, Paris: OECD. , 2000, ‘On the determinants of labour market institutions: rent-sharing vs. social insurance’, Working Paper, Department of Economics, Uppsala University. , Englund, P. , 1998, Incentives and redistribution in the welfare state, London: Macmillan Press.
E. the new trade theory (see Krugman 1995). At the start of the twentieth century, trade in primary products accounted for about two-thirds of world trade, and by the end of the century the fraction had dropped to one-quarter (Crafts 2000). This changes the nature of interrelations between European countries since more and more trade is in commodities that in principle could be produced anywhere in Europe. That is, competitiveness and comparative advantages come to play a larger and larger role in where production, and thus employment, is placed.
While this process has gone on since trade liberalisation was initiated after the Second World War, there is no doubt that this process is continuing at a rapid pace. The trade share of the manufacturing sector in EU countries was about 55 per cent in 1970 and towards the end of the 1990s it had increased to about 120 per cent. There are a number of important facts concerning the increase in international trade, which are of importance to the current discussion. First, while the growth of international trade is tremendous it tends to be concentrated within Europe.