Trajectories of Fiscal Adjustment in Bismarckian Welfare Systems

The comparative literature which analyzes the fate of the welfare state in our economically ‘dire times’ started with the assumption that an increasingly internationalized market will force the generous welfare states of the Western world in a common, downward direction. Yet, today it seems that the...

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Bibliographic Details
Published inA Long Goodbye to Bismarck? p. 279
Main Author Philip Manow
Format Book Chapter
LanguageEnglish
Published The Netherlands Amsterdam University Press 18.05.2010
Subjects
Classical mechanics
Economic disciplines
Economics
Finance
Financial economics
Governance
Government
Government budgets
Government services
Income
Income taxes
Insurance
Kinematics
Mechanics
Microeconomics
Physical sciences
Physics
Political philosophy
Political science
Political science & theory
Public assistance
Public assistance programs
Public debt
Revenue
Social insurance
Social welfare & social services
Taxation
Taxes
Trajectories
Welfare state
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Summary:The comparative literature which analyzes the fate of the welfare state in our economically ‘dire times’ started with the assumption that an increasingly internationalized market will force the generous welfare states of the Western world in a common, downward direction. Yet, today it seems that the advanced OECD economies have maintained their ability to ‘tax and spend’ to a surprising degree. What is most remarkable from the viewpoint of the early pessimistic predictions is that the welfare state has basically survived (Kuhnle 2001) rather than outlived itself. One of the most prominent explanations for the resilience of the welfare state
ISBN:908964234X
9789089642349