By Torben M. Andersen, Per Molander
This entire survey of key welfare coverage concerns, in an age of globalization and growing older populations, attracts on comparative OECD facts and case experiences from Scandinavia. Torben Andersen and in line with Molander supply a forceful research of the most demanding situations to the normal public area welfare nation and discover the imperative coverage recommendations open to governments in complicated economies. They check the benefits and drawbacks of different welfare regimes with much less reliance on public zone involvement.
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Additional info for Alternatives for Welfare Policy: Coping with Internationalisation and Demographic Change
Consider, ﬁrst, risk diversiﬁcation. If various groups are affected differently by shocks, there is clearly a gain in terms of better risk diversiﬁcation by organising social insurance at a centralised rather than at a decentralised level. This follows from basic principles of risk pooling. At what level economies of scale are exhausted depends on the risk under discussion. Health care insurance according to the Health Maintenance Organisation model requires about half a million individuals to be efﬁcient.
2000, ‘On the determinants of labour market institutions: rent-sharing vs. social insurance’, Working Paper, Department of Economics, Uppsala University. , Englund, P. , 1998, Incentives and redistribution in the welfare state, London: Macmillan Press. Andersen, T. , 2002, ‘International integration, risk and the welfare state’, Scandinavian Journal of Economics, 104, 343–64. Aronsson, T. , 1998, ‘A decade of tax and beneﬁt reforms in Sweden: effects on labour supply, welfare and inequality’, Economica, 65, 39–67.
The new trade theory (see Krugman 1995). At the start of the twentieth century, trade in primary products accounted for about two-thirds of world trade, and by the end of the century the fraction had dropped to one-quarter (Crafts 2000). This changes the nature of interrelations between European countries since more and more trade is in commodities that in principle could be produced anywhere in Europe. That is, competitiveness and comparative advantages come to play a larger and larger role in where production, and thus employment, is placed.
Alternatives for Welfare Policy: Coping with Internationalisation and Demographic Change by Torben M. Andersen, Per Molander