The Dynamics of Welfare Markets

The Dynamics of Welfare Markets

Author: Clémence Ledoux

Publisher: Springer Nature

Published: 2021-02-03

Total Pages: 438

ISBN-13: 3030566234

DOWNLOAD EBOOK

This volume represents the beginning of a 'cross pollination' of different social scientific disciplines, bridging the boundaries between national and disciplinary epistemic communities in the worlds of European welfare markets. It maps the common ground and uncovers new research directions for the future study of actors, policies and institutions shaping the growth and dynamics of European welfare markets. The book defines welfare markets as politically shaped, regulated and state supported markets that provide social goods and services through the competitive activities of non-state actors. The chapters focus on what happens after states have initiated welfare markets, with equal weight given to the analysis of the agency of state actors and non-state actors in the contraction, stabilisation, and disruption of welfare markets. By focusing the analysis on two cases of welfare markets, private pensions and home-based domestic/care work, the contributions explore and compare the dynamics of different types of markets. The research will be of use to sociologists and scholars of social policy interested in the social dimension of welfare markets, political scientists and political economists, as well as diverse epistemic communities across the social sciences. Chapter 1 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.


An Introduction to Modern Welfare Economics

An Introduction to Modern Welfare Economics

Author: Per-Olov Johansson

Publisher: Cambridge University Press

Published: 1991-08-22

Total Pages: 194

ISBN-13: 9780521356954

DOWNLOAD EBOOK

This is the first book in welfare economics to be primarily intended for undergraduates and non-specialists. Concepts such as Pareto optimality in a market economy, the compensation criterion, and the social welfare function are explored in detail. Market failures are analysed by using different ways of measuring welfare changes. The book also examines public choice, and the issues of provision of public goods, median voter equilibrium, government failures, efficient and optimal taxation, and intergenerational equity. The three final chapters are devoted to applied welfare economics: methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world. The book is intended for introductory and intermediate courses in welfare economics, microeconomics, and public economics. It will also be suitable for courses in health economics, environmental economics, and cost-benefit analysis, as well as those undertaking project evaluations in government agencies and private firms.


The Rate and Direction of Inventive Activity

The Rate and Direction of Inventive Activity

Author: National Bureau of Economic Research

Publisher: Princeton University Press

Published: 2015-12-08

Total Pages: 647

ISBN-13: 1400879760

DOWNLOAD EBOOK

The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.


The Decline of the Welfare State

The Decline of the Welfare State

Author: Assaf Razin

Publisher: MIT Press

Published: 2005-01-21

Total Pages: 152

ISBN-13: 9780262264365

DOWNLOAD EBOOK

An analysis of the welfare state from a political economy perspective that examines the effects of aging populations, migration, and globalization on industrialized economies. 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 unified theoretical framework and empirical findings, demonstrates how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain itself on its present scale. In much of the developed world, the proportion of the population aged 60 and over is expected to rise dramatically over the coming years—from 35 percent in 2000 to a projected 66 percent in 2050 in the European Union and from 27 percent to 47 percent in the United States—which may necessitate higher tax burdens and greater public debt to maintain national pension systems at current levels. Low-skill migration produces additional strains on welfare-state financing because such migrants typically receive benefits that exceed what they pay in taxes. Higher capital taxation, which could potentially be used to finance welfare benefits, is made unlikely by international tax competition brought about by globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United States, the authors draw an unconventional and provocative conclusion from these developments. They argue that the political pressure from both aging and migrant populations indirectly generates political processes that favor trimming rather than expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political power and generate public support from the majority of the voting population for cutting back traditional welfare state benefits.


The Three Worlds of Welfare Capitalism

The Three Worlds of Welfare Capitalism

Author: Gosta Esping-Andersen

Publisher: John Wiley & Sons

Published: 2013-05-29

Total Pages: 322

ISBN-13: 0745666752

DOWNLOAD EBOOK

Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.


Social Welfare Policy Analysis and Choices

Social Welfare Policy Analysis and Choices

Author: Hobart A Burch

Publisher: Routledge

Published: 2013-02-01

Total Pages: 381

ISBN-13: 1136382437

DOWNLOAD EBOOK

Social Welfare Policy Analysis and Choices gives you a thorough introduction to social welfare policy analysis. The knowledge you’ll gain from its pages will enable you to understand and evaluate individual policy issues and choices by exploring the possible choices, the effects and implications of each alternative choice, and the factors that influence each choice. Social Welfare Policy Analysis and Choices provides frameworks for making basic social policy choices and applying them to specific instances. You’ll find its depth of insight into the larger framework in which social policy decisions are made--beliefs, values, and interests--and its historical perspective on current “new” issues unique and invaluable. The book’s approach is to develop a framework for looking at the underlying issues, ideologies, social and economic forces, culture, and institutionalized inequalities that are constant within this changing mass. Specifically, Social Welfare Policy Analysis and Choices provides frameworks for looking at beliefs about: human nature the nature of society ways of thinking values and the moral and ethical implications of those values roots of those values in religion, culture, historical traditions, myths, and rationalized self-interests The insight offered in Social Welfare Policy Analysis and Choices will allow you to determine your own positioning; understand for strategic purposes what direction opponents, potential allies, and others are coming from; and develop a priorities perspective to guide compromises when the optimum policy is not attainable.


Guidelines for Constructing Consumption Aggregates for Welfare Analysis

Guidelines for Constructing Consumption Aggregates for Welfare Analysis

Author: Angus Deaton

Publisher: World Bank Publications

Published: 2002-01-01

Total Pages: 128

ISBN-13: 9780821349908

DOWNLOAD EBOOK

In September 2001, staff from the World Bank and the International Monetary Fund met with the objective of strengthening collaboration between the two organizations in projects of civil service reform. This strengthened collaboration will have key benefits in ensuring consistency between the conflicting goals of the two organizations, establishing realistic objectives within the reform process, and maintaining a core set of wage and employment data. The principal conclusion arrived at was that World Bank and IMF staff should be engaging in collaboration earlier in the reform process. To guide the collaboration, six foundations were identified. These include: develop a medium-term fiscal framework; foster national ownership by making reforms politically feasible; focus and streamline conditionality; agree on sequencing and timing of reforms; and strengthen data collection. These principals will be tested for effectiveness in several focus countries.


Fiscal Redistribution and Social Welfare

Fiscal Redistribution and Social Welfare

Author: Mr.David Coady

Publisher: International Monetary Fund

Published: 2019-03-08

Total Pages: 30

ISBN-13: 1484398084

DOWNLOAD EBOOK

Fiscal policy is a key tool for achieving distributional objectives in advanced economies. This paper embeds the discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are decomposed into differences in the magnitude of transfers (fiscal effort) and in the progressivity of transfers (fiscal progressivity). Fiscal progressivity is further decomposed into differences in the distribution of transfers across income groups (targeting performance) and in the social welfare returns to targeting due to varying initial levels of income inequality (targeting returns). This decomposition provides a clear distinction between the concepts of progressivity and targeting, and clarifies the relationship between them. For illustrative purposes, the framework is applied to data for 28 EU countries to determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution highlighted in the literature.


Social Welfare Responses in a Neoliberal Era

Social Welfare Responses in a Neoliberal Era

Author:

Publisher: BRILL

Published: 2018-11-26

Total Pages: 313

ISBN-13: 9004384111

DOWNLOAD EBOOK

Listen to the podcast about Cory Blad's chapter in this book 'Searching for Saviors: Economic Adversities and the Challenge of Political Legitimacy in the Neoliberal Era'. This book seeks to explore welfare responses by questioning and going beyond the assumptions found in Esping-Andersen’s (1990) broad typologies of welfare capitalism. Specifically, the project seeks to reflect how the state engages, and creates general institutionalized responses to, market mechanisms and how such responses have created path dependencies in how states approach problems of inequality. Moreover, if the neoliberal era is defined as the dissemination and extension of market values to all forms of state institutions and social action, the need arises to critically investigate not only the embeddedness of such values and modes of thought in different contexts and institutional forms, but responses and modes of resistance arising from practice that might point to new forms of resilience.