Butschek, Felix - In: WIFO Monatsberichte (monthly reports) 67 (1994) 12, pp. 666-669
In 1993, the ratio of socially motivated public expenditure to Gross Domestic Product (GDP) rose to a new high. The central government, the Länder, and the social security institutions spent Sch 616 billion on social welfare programs, corresponding to 29.2 percent of GDP. To the extent that the...