Aller, Ricardo Aláez; Uraga, Pablo Díaz de Basurto; … - Departamento de Economía - Universidad Pública de Navarra - 2008
The welfare effort (social spending as a percentage of GDP) has conventionally been the preferred measure for comparisons in space and time of the level of development of welfare states. However, frequent mentions are made in the relevant literature of the drawbacks of this measure as an...