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Author: Tommy Bengtsson
Publisher: Springer Science & Business Media
ISBN: 3642851703
Category : Political Science
Languages : en
Pages : 190
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Book Description
Tommy Bengtsson The Swedish welfare model of the 1960s and 1970s excited great interest among many other countries. Today it still is an ideal image for some but a warning for many others. The reason why opinion about the Swedish welfare model has changed is primarily Sweden's financial problems, which are associated with a badly financed and excessively large public sector. It is argued that the size of the budget deficit is a great problem in itself, but also, and perhaps more importantly, that the large public sector has negative effects on the entire economy since it lead to inefficient allocation of resources. A first step in order to solve these problems is to examine how they arose. The questions then are to what extent the large public sector which Sweden has today results from social entitlements which have come into existence since the 1960s, from the maturing of welfare systems decided upon earlier, from unfavourable demographic developments, or from economic stagnation, and how these factors are interlinked. What is quite clear is that Sweden has had very low economic growth during the 1970s and 1980s compared with the preceding period. But so have many other industrial countries, without their having in consequence found themselves in diffi culties as great as Sweden's. Therefore economic stagnation alone cannot explain Sweden's situation.
Author: Tommy Bengtsson
Publisher: Springer Science & Business Media
ISBN: 3642851703
Category : Political Science
Languages : en
Pages : 190
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Book Description
Tommy Bengtsson The Swedish welfare model of the 1960s and 1970s excited great interest among many other countries. Today it still is an ideal image for some but a warning for many others. The reason why opinion about the Swedish welfare model has changed is primarily Sweden's financial problems, which are associated with a badly financed and excessively large public sector. It is argued that the size of the budget deficit is a great problem in itself, but also, and perhaps more importantly, that the large public sector has negative effects on the entire economy since it lead to inefficient allocation of resources. A first step in order to solve these problems is to examine how they arose. The questions then are to what extent the large public sector which Sweden has today results from social entitlements which have come into existence since the 1960s, from the maturing of welfare systems decided upon earlier, from unfavourable demographic developments, or from economic stagnation, and how these factors are interlinked. What is quite clear is that Sweden has had very low economic growth during the 1970s and 1980s compared with the preceding period. But so have many other industrial countries, without their having in consequence found themselves in diffi culties as great as Sweden's. Therefore economic stagnation alone cannot explain Sweden's situation.
Author: Christer Lundh
Publisher: Coronet Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 508
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Book Description
Demography has a long tradition in the Nordic countries, following largely from the fact that good population statistics made their appearance in the region at an early stage. Since our modern data are also of high quality, the demographer is very well placed for source material. Today, demographic research widely defined is carried out at many different institutions and government agencies in the Nordic countries. Nordic demographers meet regularly at conferences arranged by the national demographic societies and the Nordic Demographic Society, and these conferences give a good overview of the current state of the art. The Tenth Nordic Demographic Symposium took place at Lund on 12-14 August, 1992. More than 60 papers were presented during the conference covering a wide range of subjects. Compared with earlier conferences, at Lund papers on the population in the Baltic states and other non-welfare countries were new subjects, and the number of papers on economic demography was larger than usual. The five parts of this anthology reflect the different subjects examined at the symposium: the demography of the welfare society; economic demography; historical demography; the demography of non-welfare societies; and demographic methods.
Author: John B. Shoven
Publisher: University of Chicago Press
ISBN: 0226754723
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into trends in fertility, mortality, immigration, and labor force participation, as well as age, gender, and race specific trends in health and disability. Demography and the Economy explores the connections between demography and economics, paying special attention to what demographic trends can reveal about the sustainability of traditional social security programs and the larger implications for economic growth. The volume brings together some of the leading scholars working at the border between the two disciplines, and it provides an eclectic overview of both fields. Contributors also offer deeper analysis of a variety of issues such as the impact of greater wealth on choices about marriage and childbearing and the effects of aging populations on housing prices, Social Security, and Medicare.
Author: Assaf Razin
Publisher: MIT Press
ISBN: 9780262264365
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
An analysis of the welfare state from a political economy perspective that examines the effects of aging populations, migration, and globalization on industrialized economies. In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as we know them. Their timely analysis, supported by a unified theoretical framework and empirical findings, demonstrates how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain itself on its present scale. In much of the developed world, the proportion of the population aged 60 and over is expected to rise dramatically over the coming years—from 35 percent in 2000 to a projected 66 percent in 2050 in the European Union and from 27 percent to 47 percent in the United States—which may necessitate higher tax burdens and greater public debt to maintain national pension systems at current levels. Low-skill migration produces additional strains on welfare-state financing because such migrants typically receive benefits that exceed what they pay in taxes. Higher capital taxation, which could potentially be used to finance welfare benefits, is made unlikely by international tax competition brought about by globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United States, the authors draw an unconventional and provocative conclusion from these developments. They argue that the political pressure from both aging and migrant populations indirectly generates political processes that favor trimming rather than expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political power and generate public support from the majority of the voting population for cutting back traditional welfare state benefits.
Author: Richard A. Easterlin
Publisher: University of Chicago Press
ISBN: 0226180328
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
In this influential work, Richard A. Easterlin shows how the size of a generation—the number of persons born in a particular year—directly and indirectly affects the personal welfare of its members, the make-up and breakdown of the family, and the general well being of the economy. "[Easterlin] has made clear, I think unambiguously, that the baby-boom generation is economically underprivileged merely because of its size. And in showing this, he demonstrates that population size can be as restrictive as a factor as sex, race, or class on equality of opportunity in the U.S."—Jeffrey Madrick, Business Week
Author: Nancy Birdsall
Publisher: OUP Oxford
ISBN: 0191529532
Category : Social Science
Languages : en
Pages : 457
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Book Description
The effect of demography on economic performance has been the subject of intense debate in economics for nearly two centuries. In recent years opinion has swung between the Malthusian views of Coale and Hoover, and the cornucopian views of Julian Simon. Unfortunately, until recently, data were too weak and analytical models too limited to provide clear insights into the relationship. As a result, economists as a group have not been clear or conclusive. This volume, which is based on a collection of papers that heavily rely on data from the 1980s and 1990s and on new analytical approaches, sheds important new light on demographic—economic relationships, and it provides clearer policy conclusions than any recent work on the subject. In particular, evidence from developing countries throughout the world shows a pattern in recent decades that was not evident earlier: countries with higher rates of population growth have tended to see less economic growth. An analysis of the role of demography in the "Asian economic miracle" strongly suggests that changes in age structures resulting from declining fertility create a one-time "demographic gift" or window of opportunity, when the working age population has relatively few dependants, of either young or old age, to support. Countries which recognize and seize on this opportunity can, as the Asian tigers did, realize healthy bursts in economic output. But such results are by no means assured: only for countries with otherwise sound economic policies will the window of opportunity yield such dramatic results. Finally, several of the studies demonstrate the likelihood of a causal relationship between high fertility and poverty. While the direction of causality is not always clear and very likely is reciprocal (poverty contributes to high fertility and high fertility reinforces poverty), the studies support the view that lower fertility at the country level helps create a path out of poverty for many families. Population Matters represents an important further step in our understanding of the contribution of population change to economic performance. As such, it will be a useful volume for policymakers both in developing countries and in international development agencies.
Author: Marc Nerlove
Publisher: Academic Press
ISBN: 1483274683
Category : Business & Economics
Languages : en
Pages : 174
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Book Description
Household and Economy: Welfare Economics of Endogenous Fertility deals with welfare economics and the socially optimal population size, as well as the social consequences of individual choice with respect to family size within each generation. The general equilibrium implications of endogenous fertility for a number of issues of population policy are discussed. In addition to their own consumption, the number of children and the utility of each child is assumed to enter the utility function of the parents. Comprised of 10 chapters, this volume begins with a review of social welfare criteria for optimal population size and the static theory of optimal population size, optimal population growth with exogenous fertility, and the theory of endogenous fertility. The reader is then introduced to the basic principles of welfare economics and the economics of externalities, followed by a summary of the traditional theory of household behavior. Subsequent chapters focus on optimal population size according to various social welfare criteria; real and potential externalities generated by the endogeneity of fertility; and the principal alternative reason for having children: to transfer resources from the present to support the future consumption of parents in old age. The book concludes by assessing the implications of endogenous fertility for within-generation income distribution policies and reflecting on the directions in which future research may be fruitful. This monograph will be of value to economists, social scientists, students of welfare economics, and those who wish to understand the contribution of economic analysis to an improved understanding of population policy.
Author: Aart C. Liefbroer
Publisher: Springer Nature
ISBN: 3030673456
Category : Social Science
Languages : en
Pages : 176
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Book Description
This open access book examines how childhood social disadvantage influences young-adult demographic decision-making and later-life economic and well-being outcomes. This book in particular focuses on testing whether the consequences of childhood social disadvantage for adult outcomes differ across societies, and whether these differences are shaped by the “context of opportunities” that societies offer to diminish the adverse impact of economic and social deprivation. The book integrates a longitudinal approach and provides new insights in how the experience of childhood disadvantage (e.g. low parental socio-economic status, family disruption) influences demographic decisions in adulthood (e.g. the timing of family-events such as cohabitation, marriage or parenthood; the risk of divorce or having a child outside a partner relationship; the exposure to later-life loneliness, poor health, and economic adversity). Moreover, using a cross-national comparative perspective it investigates whether the relationships of interest differ across nations, and tests the “context of opportunities” hypothesis arguing that the links between childhood disadvantage and adult outcomes are weakened in societal contexts offering good opportunities for people to escape situations of deprivation. To do so, the book analyzes national contexts based on economic prosperity, family values and norms, and welfare-state arrangements.
Author: Jack A. Goldstone
Publisher: Oxford University Press, USA
ISBN: 0199945969
Category : Political Science
Languages : en
Pages : 344
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Book Description
The field of political demography - the politics of population change - is dramatically underrepresented in political science. At a time when demographic changes - aging in the rich world, youth bulges in the developing world, ethnic and religious shifts, migration, and urbanization - are waxing as never before, this neglect is especially glaring and starkly contrasts with the enormous interest coming from policymakers and the media. "Ten years ago, [demography] was hardly on the radar screen," remarks Richard Jackson and Neil Howe of the Center for Strategic and International Studies, two contributors to this volume. "Today," they continue, "it dominates almost any discussion of America's long-term fiscal, economic, or foreign-policy direction." Demography is the most predictable of the social sciences: children born in the last five years will be the new workers, voters, soldiers, and potential insurgents of 2025 and the political elites of the 2050s. Whether in the West or the developing world, political scientists urgently need to understand the tectonics of demography in order to grasp the full context of today's political developments. This book begins to fill the gap from a global and historical perspective and with the hope that scholars and policymakers will take its insights on board to develop enlightened policies for our collective future.
Author: Assaf Razin
Publisher: International Monetary Fund
ISBN:
Category : Aging
Languages : en
Pages : 30
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Book Description
Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and labor tax rates and the generosity of social transfers, after controlling for other factors that influence the size of the welfare state. This is despite the increased political clout of the dependent population implied by the aging of the population. This paper develops an overlapping generations model of intra-and inter-generational transfers (including old-age social security) and human capital formation which addresses this seeming puzzle. We show that with democratic voting, an increase in the dependency ratio can lead to lower taxes or less generous social transfers.
