Financing social security in the EU: business as usual?
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Organización Internacional del Trabajo (OIT)
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| Format: | Artículo científico |
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International Labour Organization
2012
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| _version_ | 1874525357245202434 |
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| author | Norman Wagner |
| author_facet | Norman Wagner Norman Wagner |
| contents | Financing social security in the EU: business as usual? Norman Wagner This article assesses how well welfare models with different financing mechanisms cope with a major financial crisis. It focuses on five EU countries, which represent different welfare models. It also analyses how the crisis and the associated stimulus or austerity measures changed financing, revealing a regressive impact. It demonstrates that, in the short or medium term, contribution-based social systems have more stable public finances during a recession than tax-based systems. That said, the corporatist/ continental welfare model seems most likely to remain stable in the long run, in so far as it focuses on keeping employment – the system’s main source of revenue – stable. 10.1111/j.1564-913X.2012.00152.x DOI https://doi.org/10.1111/j.1564-913X.2012.00152.x publication.journalArticle |
| format | Artículo científico |
| id | ilo_995218870802676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2012 |
| publisher | International Labour Organization |
| spellingShingle | Financing social security in the EU: business as usual? Norman Wagner Financing social security in the EU: business as usual? Norman Wagner This article assesses how well welfare models with different financing mechanisms cope with a major financial crisis. It focuses on five EU countries, which represent different welfare models. It also analyses how the crisis and the associated stimulus or austerity measures changed financing, revealing a regressive impact. It demonstrates that, in the short or medium term, contribution-based social systems have more stable public finances during a recession than tax-based systems. That said, the corporatist/ continental welfare model seems most likely to remain stable in the long run, in so far as it focuses on keeping employment – the system’s main source of revenue – stable. 10.1111/j.1564-913X.2012.00152.x DOI https://doi.org/10.1111/j.1564-913X.2012.00152.x publication.journalArticle |
| title | Financing social security in the EU: business as usual? |
| url | https://researchrepository.ilo.org/esploro/outputs/journalArticle/Financing-social-security-in-the-EU/995218870802676 |