Social Expenditures as Percent of GDP Hits Record High

Social expenditures rose markedly in 1992 despite a certain degree of stabilisation in the labour market. A rise in outlays in certain branches of social security as well as the introduction of new programmes caused social expenditures to increase to 28.2 percent of GDP, the highest value since World War II.

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Year of publication:	1993
Authors:	Butschek, Felix
Published in:	WIFO Monatsberichte (monthly reports). - Österreichisches Institut für Wirtschaftsforschung (WIFO), ISSN 0029-9898. - Vol. 66.1993, 12, p. 633-635
Publisher:	Österreichisches Institut für Wirtschaftsforschung (WIFO)
Subject:	Sozialquote erreicht höchsten Wert seit 1945. Zur Entwicklung der sozialen Sicherheit im Jahr 1992 \| Social Expenditures as Percent of GDP Hits Record High
Description of contents:	Abstract [wifo.ac.at]

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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