The social, political and economic future of the European welfare states / by Bent Greve -- A tale of two pensions reforms : a Sraffian view / by Sergio Cesaratto -- Is there a demographic time-bomb? / by Bent Greve -- A market imitating employment subsidy / by Ralph S. Musgrave -- Pauperising...

There are basically three stories about the globalisation-welfare state nexus. The first story argues that globalisation is the cause of the chronic crisis of the welfare state. As national economies open to the international market, governments are forced to adapt to the imperatives of global...