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The newest, quadripartite typology of Western European welfare states needs some modifications nowadays. The Nordic and the Southern model have remained intact but the Continental and the Anglo-Saxon types have significantly converged (regardless of the economic crisis) that can be explained...
Persistent link: https://www.econbiz.de/10013045228
The present economic downturn has tried the Nordic and Continental states with extended welfare systems less than the Anglo-Saxon ones. This originates mainly in the automatic stabilisers which have been working with full blast with the effect of smaller decline in private consumption in the...
Persistent link: https://www.econbiz.de/10013045230
Majority of the literature accept the fact that globalization affects the welfare state. According to te great mass of these authors, governments face a double jeopardy, demand for expenditures grew but at the same time the sources of the receipts diminished. The welfare states responded unlike...
Persistent link: https://www.econbiz.de/10013045233
Theories on the relationship of globalization and welfare state can be classified into three groups. Globalists hold that globalization threatens welfare state and the anticipated result is its retreat. Sceptics hold that globalization does not constrain the authonomy of national policy....
Persistent link: https://www.econbiz.de/10013045235