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The Welfare State and the Market Economy

The American and German Experiences of Social Policy

Bibliographic Data

ID15066658
AuthorsReza Fazeli (0000-0002-0322-5235, New School), Rafat Fazeli (New School)
Year2012
Volume25
Issuesup1
Pages163-189
Publication date2012-01-01
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2012.11517561
OpenAlexW2171578821
LanguageEN
Citations received1
References cited3

This paper reviews the recent development of the welfare state and social policy in the United States and Germany. The empirical study is primarily based on the comparative study of the trends of the “social wage” and the “net social wage” in the two countries over the last two decades. The paper addresses two major questions. The first question is whether the expansion of social expenditures has posed any drag on capital accumulation and economic growth in these two countries. The second question is whether the increasing ideological challenges from the right and the competitive pressures of globalization have led to retrenchment of the American and German welfare states in the recent decades

Development economics · Economics · German · Globalization · Ideology · Market economy · Political economy · Political science · Politics · Retrenchment · Social policy · Social Welfare · Wage · Welfare state · Gender, Labor, and Family Dynamics · German Economic Analysis & Policies · Social Policy and Reform Studies

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Citations per year0.2
Citation span2021 - 2021 (1)
Highly citedNo

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