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Welfare and the Great Recession: A Comparative Study

by Stefan Olafsson , Mary Daly , Olli Kangas
Save 17% Save 17%
Current price ₹13,450.00
Original price ₹16,140.00
Original price ₹16,140.00
Original price ₹16,140.00
(-17%)
₹13,450.00
Current price ₹13,450.00

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Book cover type: Hardcover
  • ISBN13: 9780198830962
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Oxford University Press, USA
  • Publisher Imprint: Oxford University Press, USA
  • Publication Date:
  • Pages: 336
  • Original Price: GBP 94.0
  • Language: English
  • Edition: N/A
  • Item Weight: 650 grams
  • BISAC Subject(s): Economics / General

Welfare and the Great Recession surveys and analyses welfare consequences in the period following the financial crisis in Europe. It investigates how the burdens of the recession were shared between countries, between different socio-economic groups across Europe, and within individual countries, and offers new evidence that demonstrates the importance of the welfare state and government policies in sheltering populations from serious economic contraction.

The first comprehensive study of the Great Recession in Europe that focuses on household level welfare consequences, this edited volume relates financial hardship to institutional characteristics such as welfare regimes, currency regimes, socio-political patterns, affluence levels, public debt, and policy reactions to periods of crisis. It takes into account stimulus versus austerity, the degree of social protection emphasis, the commitment to redistribution, and the significance of activism. Widely comparative, Welfare and the Great Recession combines comparisons of thirty countries with an in-depth study of nine country cases to offer various lessons from the crisis experience in Europe and reflect on welfare futures in a globalized crisis-prone environment.

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