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Institutions for Social Well Being
 
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Institutions for Social Well Being
Alternatives for Europe
Edited by Lilia Costabile
 
 
Palgrave Macmillan
 
 
 
 
 
30 Apr 2008
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£80.00
|Hardback Print on Demand
  
9780230538061
||
 
 
eBooks ebook on Palgrave Connect ebook available via library subscriptions ebook on ebooks.com 
 
 


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DescriptionContentsAuthors

In the debate on the future of Europe's social dimension, efficiency is often seen as the main economic objective. Considerations of social equity are regarded as subjective and as a constraint on policymaking, and many argue that economic forces should prevail over social objectives. But is this understanding of the relationship between economic and social objectives flawed?
This book examines both the efficiency and effectiveness of economic policies, and explores the implications for social equity. The contributors argue for the adoption of an integrated approach to economic and social objectives, and discuss the ways in which welfare states and other institutions can contribute to equity and efficiency objectives. The contributions, from a range of economists, compare social models both within Europe and between Europe and the United States, explore how individual countries may benefit from learning from the experiences of other European states, and investigate the future of the European social model with regard to the potential trade off between social protection and economic efficiency. The volume is based on the integration of empirical economic analysis, insights from theories of the welfare state, the economic theory of institutions and the macroeconomics of open economies. With innovative and informed arguments on how both efficiency and social justice can be achieved in Europe, this important volume is a crucial companion for scholars and policymakers alike.


Description

In the debate on the future of Europe's social dimension, efficiency is often seen as the main economic objective. Considerations of social equity are regarded as subjective and as a constraint on policymaking, and many argue that economic forces should prevail over social objectives. But is this understanding of the relationship between economic and social objectives flawed?
This book examines both the efficiency and effectiveness of economic policies, and explores the implications for social equity. The contributors argue for the adoption of an integrated approach to economic and social objectives, and discuss the ways in which welfare states and other institutions can contribute to equity and efficiency objectives. The contributions, from a range of economists, compare social models both within Europe and between Europe and the United States, explore how individual countries may benefit from learning from the experiences of other European states, and investigate the future of the European social model with regard to the potential trade off between social protection and economic efficiency. The volume is based on the integration of empirical economic analysis, insights from theories of the welfare state, the economic theory of institutions and the macroeconomics of open economies. With innovative and informed arguments on how both efficiency and social justice can be achieved in Europe, this important volume is a crucial companion for scholars and policymakers alike.


Contents

Introduction; L.Costabile
European Union Social Policy in a Globalising Context; A.B.Atkinson
Conditions of Social Vulnerability, Work and Low Income: Evidence for Europe in Comparative Perspective; T.Munzi & T.Smeeding
The Enforcement-Equality Tradeoff; S.Bowles A.Jayadev
Insurance, Redistribution and the Welfare State: Economic Theory and International Comparisons; R.Artoni& A.Casarico
Social Models, Growth and Key Currencies; L.Costabile& R.Scazzieri
Care Regimes and the European Employment Rate; F.Bettio& J.Plantenga
The Swedish Model in the Era of Integration and Globalisation; B.Gustafsson
Cultural Diversity and Economic Solidarity; M.D'Antoni& U.Pagano
Conclusion; L.Costabile


Authors

LILIA COSTABILE is Professor of Economics at the University of Naples, Italy, and Senior Member at Clare Hall, Cambridge University. She has been the Vice-President of the Italian Economic Association (Società Italiana degli Economisti). Her research interests include the theory of institutions, macroeconomics and monetary theory. She is the author of articles in journals such as The Economic Journal and The Cambridge Journal of Economics, and books, including Institutions and Economic Development in Southern Italy, of which she is the editor.