Equity, efficiency, and growth
the future of the welfare state
by Mario Baldassarri, Luigi Paganetto, and Edmund S. Phelps
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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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Welfare state, Economics| Edition | Availability |
|---|---|
1
Equity, Efficiency and Growth: The Future of the Welfare State (Central Issues in Contemporary Economic Theory and Policy)
June 15, 1996, Palgrave Macmillan
Hardcover
in English
0312160143 9780312160142
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2
Equity, Efficiency and Growth: The Future of the Welfare State
May 07, 1996, Palgrave Macmillan
hardcover
033366194X 9780333661949
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3
Equity, efficiency, and growth: the future of the welfare state
1996, St. Martin's Press in association with Rivista di Politica Economica, SIPI, Rome and CEIS, University 'Tor Vergata', Rome, Macmillan Press in association with Rivista di Politica Economica, SIPI, Rome and CEIS, University 'Tor Vergata', Rome
in English
0312160143 9780312160142
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aaaa
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4
Equity, Efficiency and Growth: The Future of the Welfare State
Jan 01, 1996, Palgrave Macmillan
paperback
1349246514 9781349246519
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Includes bibliographical references and index.
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| August 1, 2024 | Edited by MARC Bot | import existing book |
| October 5, 2021 | Edited by ImportBot | import existing book |
| February 5, 2019 | Created by MARC Bot | import existing book |