To be successful, Social Safety Net (SSN) programs require three elements of policy design: technical correctness, administrative feasibility and political viability; yet the politically supportable aspect is often neglected. In this note, several features of political economy applicable to the...

Increasing signs seem to indicate that, in the areas of both politics and thought, the age of neoliberal supremacy is approaching its end. An ideology based exclusively on the free play of the market is bound, ultimately, to lose its attraction. Growing inequality and social exclusion, with new...

Latin American market-oriented reforms along the lines of the Washington Consensus need to be supplemented by a number of social policies to achieve a more equitable society. While there has been considerable progress in enhancing the efficiency, much less has been made with regard to improving...

The welfare state has long been under debate. Besides various theoretical discussions, it has often been empirically investigated regarding its effects on inequality and economic growth. With the advent of the scientific field of happiness research, scholars began to discuss the welfare state's...

There are about 30 low-fertility countries globally. Germany has been a low-fertility country for more than 50 years which is longer than any other country since the lowfertility trend in other countries only began ten or twenty years ago. Low-fertility rates have mainly negative consequences...

This paper reviews and summarizes the literature that has concentrated on budget consolidations and their fiscal and economic effects. The issue of fiscal adjustments has again gained importance due to the recent economic crisis and the resulting fiscal imbalances. The existing literature shows...