Uncertainty, Macroeconomic Stability and the Welfare State PDF Download
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Author: Sven R Larson
Publisher: Routledge
ISBN: 1351754149
Category : Social Science
Languages : en
Pages : 176
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Book Description
This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.
Author: Sven R Larson
Publisher: Routledge
ISBN: 1351754149
Category : Social Science
Languages : en
Pages : 176
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Book Description
This title was first published in 2002: This monograph sets out to model a macroeconomy that is inherently unstable because of qualitative - or Keynesian - uncertainty. By modelling a macroeconomic theory, this approach to fixed or sticky prices also investigates the link between uncertainty, sticky prices, and macro-stability - by suggesting that such prices improve economic activity rather than impeding it.
Author: Sven R. Larson
Publisher:
ISBN:
Category :
Languages : da
Pages :
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Book Description
Author: Sven R. Larson
Publisher: Routledge
ISBN: 1317117069
Category : Political Science
Languages : en
Pages : 195
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Book Description
Conventional wisdom says that Europe’s crisis is a financial crisis. But is this really the case? In Industrial Poverty, economist Sven R. Larson, challenges this view and suggests instead that Europe is in a state of permanent economic decline. The crisis, says Larson, is in fact a welfare-state crisis. Over decades, government has grown too big for the private sector to pay for; when the recession hit in 2008 most European economies could no longer bear the burden of the welfare state. Raging deficits, accelerating unemployment and harsh austerity policies hurled the continent into more than a regular recession. Europe is entering a new economic state: industrial poverty. Using Sweden in the 1990s as an example, Larson shows how a welfare-state crisis combined with the wrong kind of austerity policies replaces prosperity with industrial poverty. In a desperate effort to balance the budget and save the welfare state in the midst of the crisis, the Swedish government subjected the country to some of the toughest austerity measures on record. The outcome was a permanent reduction in the standard of living for Swedish families as well as the standard of government services. Today, Europe is going through the same transition into industrial poverty. Tomorrow, it could be the United States, unless Congress and the President take decisive action against the runaway budget deficit.
Author: Bent Greve
Publisher: Routledge
ISBN: 1317031032
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
A common belief is that the European welfare states are in a position of crisis or heading towards one with the process of globalization removing any hopes of eventual worldwide welfare. This book challenges this assumption arguing that a proper understanding of the future role of the welfare state requires a broader social perspective that encompasses the interaction of economic, political and social processes. The Future of the Welfare State provides an interdisciplinary analysis of the practical and theoretical challenges which the welfare state (and progress towards world welfare) can and must meet in the future.
Author: Assar Lindbeck
Publisher:
ISBN: 9789055390113
Category : Public welfare
Languages : en
Pages : 29
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Book Description
Author: José Antonio Ocampo
Publisher: Columbia University Press
ISBN: 0231546165
Category : Political Science
Languages : en
Pages : 380
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Book Description
The welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today.
Author: Nicholas Barr
Publisher: OUP Oxford
ISBN: 0191529893
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
Of the many functions of the welfare state, two are particularly prominent: the 'Robin Hood' function - the provision of poverty relief, the redistribution of income and wealth, and the reduction of social exclusion; and the 'piggy bank' function - ensuring mechanisms for insurance and for redistribution over the life cycle. The piggy-bank function, unlike the redistributive purpose of the welfare state, has received relatively little attention, and is not widely understood. This book redresses the balance. Nicholas Barr's central contention is that—-contrary to popular opinion—-the welfare state exists for reasons additional to poverty relief. These reasons - encapsulated by the piggy-bank function - arise out of pervasive problems of imperfect information, risk, and uncertainty. Even if all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. As a result, Barr argues, the welfare state is here to stay, since twenty-first century developments do nothing to undermine these reasons. He also explores ways in which the welfare state can and will adapt to economic and social change, including specific, and sometimes novel, solutions. The analysis in "The Welfare State as Piggy Bank" is international, applying to advanced industrial countries, as well as addressing post-communist countries, and touching upon middle-income developing countries. Barr's approach is contemporary and forward-thinking. His discussion ranges over a number of topics of central relevance to life in the twenty-first century, including genetic screening and its impact on insurance; the convergence of private and social insurance; how to finance long-term care; pension reform in the light of fluid family structures and a mobile workforce; loans for financing investment in human capital; and new ways of involving private finance in tertiary education.
Author: Gunnar Myrdal
Publisher: New Haven : Yale University Press
ISBN:
Category : Economic policy
Languages : en
Pages : 328
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Book Description
Author: Bent Greve
Publisher: Routledge
ISBN: 1317031024
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
A common belief is that the European welfare states are in a position of crisis or heading towards one with the process of globalization removing any hopes of eventual worldwide welfare. This book challenges this assumption arguing that a proper understanding of the future role of the welfare state requires a broader social perspective that encompasses the interaction of economic, political and social processes. The Future of the Welfare State provides an interdisciplinary analysis of the practical and theoretical challenges which the welfare state (and progress towards world welfare) can and must meet in the future.
Author: N. A. Barr
Publisher: Oxford University Press, USA
ISBN: 9780199264971
Category : Business & Economics
Languages : en
Pages : 408
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Book Description
This fourth edition of conomics of the Welfare State discusses the different parts of the welfare system,in particular, cash benefits, the health service and education. The text argues that the welfare state exists not just to help the underprivileged, but also for efficiency reasons in areas where private markets would be inefficient or would not exist at all. The book has a new, separate chapter on the economics of higher education and it contains increased references to developments in the EU. Also included are a number of new, largely forward looking topics: - extended discussion of insurance to cover disability and long-term care - challenges to the welfare state including demographic change, globalization, changes in family structure and changes in the structure of jobs - debates about the welfare state Suitable for students of both economics related disciplines, the book encourages greater accessibility for students and contains a non-technical appendix in every chapter, diagrams, additional readings, worked examples and end of chapter discussion questions. ONLINE RESOURCE CENTRE Includes PowerPoint slides, web links and further reading.
