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

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
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.

  • Page Range: 678-685
  • Page Count: 8
  • Publication Year: 2015
  • Language: English