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Social expenditure as % of GDP (). A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions ...
The Three Worlds of Welfare Capitalism is a book on political theory written by Danish sociologist Gøsta Esping-Andersen, published in 1990.The work is Esping-Andersen's most influential and highly cited work, outlining three main types of welfare states, in which modern developed capitalist nations cluster.
The Nordic Model, mainly refers to Nordic countries Norway, Sweden, Denmark, Iceland, Finland but some include the Netherlands, [2] also called 'Nordic corporatist' model because of strong influence of the corporatist elements such as labor unions and employers' organizations, advocates a highly developed and government-funded welfare state ...
An alternative model of welfare exists in Continental European countries, known as the social market economy or German model, which includes a greater role for government interventionism into the macro-economy but features a less generous welfare state than is found in the Nordic countries.
Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. [ 1 ] The principles of welfare economics are often used to inform public economics , which focuses on the ways in which government intervention can improve social welfare .
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Gender and Welfare State Regimes is an organizing concept that focuses a country's traditional social welfare policies in terms of how it influences employment and general social structure. [1] Gender in terms of the welfare state regime varies based on how a nation perceives and acts on the value of gender.
Universal Basic Services is a development of the welfare state model. The term appeared in 2017 in press [4] and the first modelling in a report from University College London (UCL)'s Institute for Global Prosperity. [5] The British Labour Party welcomed [6] the report and announced in 2018 [7] that UBS would be incorporated into the party's ...