Is the Welfare State sustainable? How has it fared in the last few decades? What are the main challenges facing the Welfare State today and in the near future? This Working paper aims at offering the reader with elements to answer, if temporarily, this questions regarding the present and future...

Societies and economies are experiencing deep and intertwined structural changes that may unsettle the perceptions European citizens have of their economic and employment security. Such labour-market perceptions are likely in turn to alter people's political positions. For instance, those...

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...