What is the Future of Public Expenditure in the European Countries?
What is the Future of Public Expenditure in the European Countries?

Author(s): Mirka Wildmannova
Subject(s): Welfare systems, Political economy, Public Finances
Published by: Masarykova univerzita nakladatelství
Keywords: welfare state; public expenditure; financing; crisis of welfare state; social reform;
Summary/Abstract: The 20th century experienced major changes in the structure and conception of the welfare state, mainly as a result of demographic, economic and social changes. This was accompanied by a multiple increase in public expenditure in the social sector and the welfare state has found itself in a crisis since the 1990's. Given the fiscal unsustainability of the present social systems, measures and reforms addressing the fiscal crisis of the welfare state are being introduced.

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