This paper looks into the role the tax-benefit system plays in mitigating the effects of widespread socio-economic risks in the context of individualization, welfare state transformation and recent austerity. We analyse the drivers behind the changing role of the risk-mitigating social policies...

Questions surrounding the fight against poverty and social exclusion have become a global priority. Poverty and its causes are perceived as differences in the economic and social development of each individual continent and country. Social risk management was developed by the World Bank as a...