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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.
This volume investigates how the welfare state and specific government policies mitigated or exacerbated the household-level consequences of the Great Recession across Europe. The authors, a team of expert social policy researchers, utilize a comparative framework to analyze how different institutional structures—such as welfare regimes, currency policies, and debt levels—influenced the distribution of economic hardship among various socio-economic groups. By contrasting stimulus versus austerity measures, the text argues that the design of social protection systems was a primary determinant in shielding populations from the most severe impacts of the financial crisis.
What You Will Find
Scope Limits
Experts recognize this work as a comprehensive, data-driven resource for understanding the intersection of macroeconomics and social policy in Europe. Scholars frequently cite the volume for its rigorous comparative methodology and its ability to synthesize complex institutional data into clear policy lessons.
Page Count:
384
Publication Date:
2019-01-01
Publisher:
Oxford University Press
ISBN-10:
0192566660
ISBN-13:
9780192566669
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